Abstract. The aim of this research is to describe and analyze the main effects of economic development after the recent financial crisis in Lithuania and Ukraine, which is one of economic cooperation partners of Lithuania. The article analyzes structural changes of economic activity in the countries (agriculture, industry, services) and the changes of the main macroeconomic indicators, gives classification of recession effects according to different criteria (factors causing them, time factor, the structure of economic activity).
Abstract. In order to be a competitive region especially after an economic crisis, it is important to properly select the measures that would be effective in the period of recovery from the economic crisis. The important role is played by the country and the policy it implements. Regional recovery opportunities are analysed in the paper. A regional development and competitiveness evaluation model is developed; the evaluation of Lithuanian and Ukrainian economic recovery from the economic crisis is carried out.
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