ASSESSMENT OF DECENT WORK AND ECONOMIC GROWTH IN THE BORDER AREAS OF UKRAINE AND POLAND

Keywords: decent work, economic growth, border regions, Poland, Ukraine, wages, gross regional product, consumer price index, European integration

Abstract

The article presents a comparative assessment of key indicators of decent work and economic growth in the border regions of Poland (Lublin and Subcarpathian voivodeships) and Ukraine (Volyn, Lviv, and Zakarpattia regions) to identify the discrepancies that need to be addressed in order to accelerate the process of European integration. The comparison of wage levels and gross regional product (GRP) in euros revealed a significant advantage of the Polish voivodeships over the Ukrainian border regions. Additionally, Poland enjoys a more stable national currency, whereas inflation in the Ukrainian regions has sharply increased due to systemic economic instability caused by the ongoing war. The study highlights the importance of ending the war as soon as possible and accelerating post-war economic recovery to ensure decent work and economic growth in Ukraine's border regions. Structural transformation of the regional economy, focused on modern challenges such as security, the green and digital transitions, and attracting foreign investments, are key factors. This will help not only to close the economic gap between Ukrainian and Polish regions but also to accelerate Ukraine's European integration. The analysis also covers the issue of economic cooperation and labor mobility between the border regions of Ukraine and Poland, particularly the impact of labor migration and economic disparities on the development of these regions. Polish border regions, while having lower wages compared to other parts of Poland, offer significantly higher compensation than Ukrainian regions, which encourages ongoing labor migration. Poland also demonstrates more stable economic growth, largely due to the absence of major political and economic crises affecting Ukraine. It is concluded that for sustainable economic development and improvement of labor conditions in these regions, it is essential to stabilize Ukraine’s economy, overcome the consequences of the war, and enhance cross-border cooperation. This will reduce economic disparities between the regions of both countries and ensure more balanced development in the future.

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Published
2024-08-26
How to Cite
Shubalyi, O., & Yefimov, A. (2024). ASSESSMENT OF DECENT WORK AND ECONOMIC GROWTH IN THE BORDER AREAS OF UKRAINE AND POLAND. Economy and Society, (66). https://doi.org/10.32782/2524-0072/2024-66-115
Section
ECONOMICS