Bìznes Inform (Oct 2019)
European Bank for Reconstruction and Development: Cooperation with Ukraine
Abstract
The article covers the essence and role of the international financial organization: the European Bank for Reconstruction and Development (EBRD). The basic principles of the development of relations between the EBRD and Ukraine are analyzed. The basic principles of the EBRD’s activities in Ukraine are defined, development trends and features of cooperation are highlighted. The dynamics of the Bank’s investment projects in Ukraine are analyzed in quantitative terms. The current status of the projects’ financing is characterized. The author researches the main areas of financing (infrastructure, financial sector, energetics, industrial, trade and agribusiness sectors) regarding the joint projects of Ukraine and the EBRD aimed at increasing the competitiveness of the economy, supporting structural reforms, improving the standard of living and well-being of the population. Focus is made on the factors that limit the development of this cooperation. The structure of the EBRD’s crediting portfolio in Ukraine as of August 31, 2019 is analyzed. In order to understand the role of the European Bank for Reconstruction and Development as a strategic partner, influencing the development of the national economy, the projects under implementation in different industries are analyzed and the basic positive aspects of the impact of these projects are defined. The main areas of technical assistance provided by the Bank are displayed. Prospect for further research in this direction is determining the ways to increase the investments by the European Bank for Reconstruction and Development in Ukraine and the benefits of attracting its financial resources to support development processes and stabilizing the national economy.
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