POLITICAL-ECONOMIC PARADIGM OF EU ENLARGEMENT: THE CASE OF UKRAINE
DOI:
https://doi.org/10.35774/jee2024.03.360Keywords:
European Union, Copenhagen Criteria, reform, competitiveness, trade flows, security, integration, import, export, risks.Abstract
The Copenhagen criteria define the requirements for Ukraine’s membership of the European Union: democracy guaranteed by stable institutions, a functioning market economy and the ability to implement the union’s economic, political and monetary objectives. Despite progress made in important areas, Ukraine must take further steps on reforms related to abuse of power, lack of transparency and labour migration. Joining the European Union will pose a challenge for Ukraine to reform bad practices and implement European legislation into national law. The Association Agreement and Deep and Comprehensive Free Trade, which contain economic, judicial and financial principles, should be used as a model for a gradual approach to EU policies and legislation. Ukraine’s future success depends on the reforms implemented, the ability to eradicate corruption, keep people in the country, attract foreign investment and rebuild the country, while maintaining ongoing military support to defend the integrity of Ukrainian territory.
JEL: F15, F02, F22, F53.
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Received: July 10, 2024.
Reviewed: August 16, 2024.
Accepted: September 5, 2024.
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