RUSSIAN AND UKRAINIAN ECONOMY AT THE TURN OF 20TH AND 21ST CENTURY IN THE LIGHT OF POLITICAL AND ECONOMICAL CONDITIONS. TOOGETHER OR ALONE?
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The paper discusses the main features of Poland's two neighboring economies - Russia and Ukraine. It focuses on the presentation of basic macroeconomic indicators in the transformation period of 1990 s and in the first decade of the 21st century. The authors formulated the hypothesis that in an era of increasing globalization and integration of national economies the issue of strengthening ties between Russia and Ukraine and the cooperation of these two countries becomes increasingly pertinent and takes on a whole new meaning. Common interests, as well as mental and cultural proximity should become an underlying motif of key motto for Russia and Ukraine in the process of economic cooperation, which certainly can bring tangible benefits to both societies, and will strengthen the two countries in the international arena. The paper is based on the statistical data of the International Monetary Fund, World Bank, the statistical offices of Russia and Ukraine, as well as National Bank of Ukraine.
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