ANALYSIS OF THE DYNAMICS OF THE ECONOMIES OF EASTERN EUROPEAN COUNTRIES
Abstract and keywords
Abstract (English):
The relevance of the presented study is determined by the fact that the countries of Eastern Europe, on the one hand, for a fairly long period of time in the 20th century, carried out economic activities according to very similar models of the socialist economic system. On the other hand, since the end of the 20th century, these countries have switched to models of the capitalist economic system, but Russia in the 2010s and 2020s, being drawn into an armed conflict, had to develop its economy under unprecedented Western sanctions. In these conditions, it is of interest to analyze the dynamics of the development of the economy of the Russian Federation against the background of other countries of Eastern Europe. The purpose of the presented studies is to analyze the structure and dynamics of annual GDP growth in Eastern European countries in the period from 2014 to 2023. The scientific novelty of the obtained results lies in the demonstration that the Russian Federation, despite unprecedented Western sanctions, the peaks of which occurred in 2014 and 2022, demonstrated the best indicators of annual GDP growth dynamics among the countries of Eastern Europe. The practical significance of the obtained results lies in the possibility of their use in the formation of strategic plans for the development of the national economy.

Keywords:
economic structure, Eastern European countries, development dynamics
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