Trade openness, regional economic growth, and crisesin transition countries: The case of Ukraine
Journal: Entrepreneurial Business and Economics Review
Year: 2026

Objective: The article aims to explore the impact of trade openness on the economic development of Ukrainian regions in different conditions, with a particular focus on the global financial crisis (2007-2009) and the ‘hybrid’ stage of the war (2014-2021). Research Design &amp; Methods: We analysed the influence of trade openness on economic development, considering exchange rate fluctuation and foreign direct investment (FDI). Based on 21 input variables, we created the composite index of econom