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The Eastern European and South Caucasus initiative aims to create a sound business climate for investment, enhance productivity, support entrepreneurship, develop the private sector, and build knowledge-based economies.
Following the launch of the SCU Initiative on 1 April 2009, the first meeting of the Working Group on Financial Markets Development and Impact of Central Banks will be held on 17 November 2009 in Warsaw, Poland.
The OECD Initiative for South Caucasus and Ukraine was launched at a Ministerial Meeting which took place in Paris on 1 April 2009.
Bodrum, Turkey. Discussions focused on investment policies in times of economic crisis, the OECD's strategc response to the crisis and the impact of the crisis on the countries of the South Caucasus and Ukraine.
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Ukraine has made good progress across a broad front of legal and regulatory issues concerning the general business climate, but the country still needs to address major challenges. From the perspective of investors and legal analysts, a lack in consistency and coherence of legislation can affect investment decisions. Another issue is the institutional capacity of Ukrainian authorities and the judiciary to implement the legislation.
The primary purpose of this meeting was to better assess the current situation and needs of the legal landscape with regard to business, identify priorities in the field of investment and private sector development, both domestic and foreign, and to gather experiences from various stakeholders in order to develop a set of recommendations on how to further improve the business climate in the Ukraine.
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This article, by Mehmet Ögütçü and Jaroslav Kinach, was published in the October 2002 edition of the OECD Observer.
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The aim of this paper is to provide a statistical update of an earlier analysis on FDI in South East European countries and includes Moldova among the countries covered. Various features of FDI in the region and in individual countries are presented in 29 tables. This study, prepared by Gábor Hunya of the Vienna Institute for International Economic Studies, was commissioned by the Austrian Ministry of Economy and Labour.
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Ministers representing the nations of South East Europe met in Vienna on 18 July 2002 under the auspices of the Stability Pact Investment Compact to sign this declaration on common principles and best practices designed to attract private investment in the region.
These reviews of investment policy in the Ukraine provide a record of the reforms underway and the debate on the reform process in Ukraine - a country with strong economic potential but which has yet to be perceived as an attractive destination for foreign direct investment.