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Comparative analysis of eu membership candidate countries legal economic framework (Ukraine, Georgia, Moldova)

Journal: Marketing and Management of Innovations (Vol.6, No. 2)

Publication Date:

Authors : ; ;

Page : 170-181

Keywords : green economy; legislative practice; macroeconomic indicators; European Neighbourhood Policy; Association Agreement; European Union;

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Abstract

The aim of the article. The article represents the results of analytical review and comparative analysis of EU membership candidate countries legal economic framework for Ukraine, Georgia and Moldova. The aim of the research is to show opportunities and illuminate the gaps for timely fulfillment of obligation in framework of euro integration process.The results of the analysis. The choice of countries is determined by similarity of political, economic, and social conditions including, inter alia: 1) the aftermath of the global economic crisis; 2)political crisis; 3) threat to sovereignty and territorial integrity, including the risk of armed conflict (the unlawful annexation of the Crimea and Sevastopol and destabilization in the Eastern Ukraine; occupation of Abkhazia and South Ossetia in Georgia; and the Transnistria conflict in Moldova). Economic growth based on more efficient use of available scarce resources is the key to successful withstanding and overcoming these adverse factors. It implies that implementing the Association Agreement is closely linked with the transition toward a green economy.The comparative analysis determined some similarities in positive shifts for all countries. Thefollowing positive shifts characterizing the progress achieved by the countries can be highlighted: demonstration of proactive efforts toward meeting their commitments under the Association Agreement; existing policies, practices and programmes aiming to support the sustainable industrial and business development; reflection of the sustainable development and green economy issues in the official development strategies and their considering to be a priority; activation of effort to develop a system of specific indicators including those that can be used for measuring the efficiency of national policies; incorporation sustainable development objectives in the local development agendas and environmental action plans; taking active part in the international programmes focusing on various aspects of sustainable development, introduction of best practices and technologies; continuing to take considerable efforts to disseminate information about sustainable development and green economy among various stakeholders (to facilitate this, the Aarhus Centre has been established in each country).Conclusions and directions of further researches. In the article is underlined that first steps to be taken as a matter of priority toward implementing the sustainable development and green economy objectives should include the development of the Governmental Action Plan to support transition toward a green growth model; establishment of the governmental coordination and information centre; adoption of a unified system of sustainable development and green growth indicators; development and introduction of a smart system of economic incentives including tax exemptions, no-interest or low-interest loans for businesses introducing resource-saving technologies and environmental protection facilities (wastewater treatment facilities, waste recycling plants etc.); legislation of mechanisms facilitating the involvement of the public in resource management and decision-making.

Last modified: 2015-07-09 22:22:10