Eastern Europe is very economically stable. All the countries in the region are MDCs. All the countries have an ok to good GDP per capita, except for Moldova and Ukraine. Also, all the countries have mixed economies, with varying levels of government influence. All the countries have machinery as a major import and/or export. Several countries, like Belarus, don’t have much of a difference in the number of people in sector 2 and 3 jobs.
From 1993 to 2016, the European Union has brought many benefits to countries in Eastern Europe. The Ukraine- European Union Association Agreement has benefitted Ukraine tremendously, despite the fact that the country is not part of the EU. The European Union has been working diligently to ensure that imported goods (grain and natural gas) and exported goods to Ukraine will not be threatened by instability in the region. As more European countries have been becoming independent in recent years, the European Union has continued to be a strong force in driving economic reforms in these countries. In addition, Poland and Slovakia have been assisted in undertaking badly needed economic reforms. As the EU investments and economic redistribution has increased, the production of positive economic growth and prosperity of poorer states has increased as well.