The comparative analysis
of the main indicators of the Baltic states economic development in the
conditions of the European integration Cover Image

Analiza porównawcza głównych wskaźników rozwoju gospodarczego państw bałtyckich w warunkach integracji europejskiej.
The comparative analysis of the main indicators of the Baltic states economic development in the conditions of the European integration

Author(s): Zhanna Tsaurkubule, Alevtina Vishnevskaja
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: Baltic countries; economic integration; economic development; indicators; foreign direct investments (FDI).

Summary/Abstract: The article examines the ways of three Baltic States development in the context of European integration. It considers some aspects of economy, especially the development and utilization of opportunities of the European market. It also estimates the prospects of foreign direct investment uses and the creation of the most favored environment for business development. It marks the difference in economic management principles, which enabled Estonia to lead the three Baltic countries, and Lithuania to rank second. Insufficient activity of Latvia in the development of those industries that are able to create a product with high added value is noted. The conclusion is drawn that, overall, the prospects for further development of the three Baltic countries are related to ensuring the high quality and productivity, ensuring competitiveness of production and productive transformation of the limited manpower resources.

  • Issue Year: 2017
  • Issue No: 466
  • Page Range: 223-235
  • Page Count: 13
  • Language: English