| Abstract [eng] |
THE IMPACT OF GLOBALIZATION ON ECONOMIC GROWTH IN LITHUANIA, BELARUS, AND UKRAINE Lilia AUSIANNIKAVA Master Thesis Global Business and Economics Faculty of Economics and Business Administration, Vilnius University Supervisor Prof., dr. Rima Rubčiniskaitė, Vilnius, 2023 SUMMARY 82 pages, 14 tables, 33 figures, 77 references,11 annexes The master thesis consists of four main parts: the analysis of literature, methodology, the research and its findings, conclusions, and recommendations. The main aim of the master thesis is to evaluate the impact of social, political, and economic dimensions of globalization on economic growth in selected countries. To achieve the aim, key aspects of globalization and economic growth, as well as their relationship, were analysed in the theoretical part. Following the literature review, the author conducted the regression analysis to evaluate the impact of globalization on economic growth in Lithuania, Belarus, and Ukraine by applying the ordinary least squares method. The EViews 12.0 software was utilized for data processing. The sources of data were the World Bank and KOF Globalization Index databases. The estimated period was from 2001 to 2019. The regression analysis revealed that three dimensions of globalization impact economic growth differently in the investigated countries. The possible explanation for such results could be the fact that countries are in different stages of economic development. Moreover, the financial crisis in 2008 could have had an impact on the results. The recommendations for further research were proposed based on experience obtained by conducting the study. |
