The Ukrainian Economy Since Independence

The Ukrainian Economy Since Independence

Author: King Banaian

Publisher: Edward Elgar Publishing

Published: 1999

Total Pages: 200

ISBN-13:

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These analyses of the Ukranian economy show why not all transitions have a happy ending. In the Ukraine, ideology and poor policy choices can be seen to have combined to forestall even the most hopeful signs of recovery. Banaian argues that arrested transition may continue indefinitely.


How Ukraine Became a Market Economy and Democracy

How Ukraine Became a Market Economy and Democracy

Author: Anders Åslund

Publisher: Columbia University Press

Published: 2009-03-01

Total Pages: 371

ISBN-13: 0881325066

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One of Europe's old nations steeped in history, Ukraine is today an undisputed independent state. It is a democracy and has transformed into a market economy with predominant private ownership. Ukraine's postcommunist transition has been one of the most protracted and socially costly, but it has taken the country to a desirable destination. Åslund's vivid account of Ukraine's journey begins with a brief background, where he discusses the implications of Ukraine's history, the awakening of society because of Mikhail Gorbachev's reforms, the early democratization, and the impact of the ill-fated Soviet economic reforms. He then turns to the reign of President Leonid Kravchuk from 1991 to 1994, the only salient achievement of which was nation-building, while the economy collapsed in the midst of hyperinflation. The first two years of Leonid Kuchma's presidency, from 1994 to 1996, were characterized by substantial achievements, notably financial stabilization and mass privatization. The period 1996–99 was a miserable period of policy stagnation, rent seeking, and continued economic decline. In 2000 hope returned to Ukraine. Viktor Yushchenko became prime minister and launched vigorous reforms to cleanse the economy from corruption, and economic growth returned. The ensuing period, 2001–04, amounted to a competitive oligarchy. It was quite pluralist, although repression increased. Economic growth was high. The year 2004 witnessed the most joyful period in Ukraine, the Orange Revolution, which represented Ukraine's democratic breakthrough, with Yushchenko as its hero. The postrevolution period, however, has been characterized by great domestic political instability; a renewed, explicit Russian threat to Ukraine's sovereignty; and a severe financial crisis. The answers to these challenges lie in how soon the European Union fully recognizes Ukraine's long-expressed identity as a European state, how swiftly Ukraine improves its malfunctioning constitutional order, and how promptly it addresses corruption.


Economic Reform in Ukraine: The Unfinished Agenda

Economic Reform in Ukraine: The Unfinished Agenda

Author: Anders Aslund

Publisher: Routledge

Published: 2019-08-07

Total Pages: 246

ISBN-13: 1315500078

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Ukraine may have taken a "gradualist" approach to economic reform, but the results have been no better than in Russia. The editors have assembled the leading specialists on the Ukrainian economy, including officials from major Ukrainian and international economic institutions, to outline the major problems of the economy, analyze the initial phases of economic reform in Ukraine, assess their outcomes, and chart the way forward.


Ukraine

Ukraine

Author:

Publisher: World Bank Publications

Published: 1999

Total Pages: 238

ISBN-13: 9780821343821

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"The government deficits that have played such a prominent role in Ukraine's continued economic decline reflect in large measure the fact that government has been slow to relinquish the role it played during the Soviet era." Since independence, Ukraine has suffered one of the most severe economic declines of any country in this century. While other transition countries in the region successfully replaced their old command economies with market economies, Ukraine continued to protect unprofitable enterprises to preserve employment and income levels. To support this strategy, the government has borrowed more money than it takes in and, at the same time, competes with private enterprise domestically for credit. As Ukraine's economic foundations proceed to crumble, the Ukrainian Government. the World Bank, and the International Center for Policy Studies in Kyiv examined the issues surrounding the crisis. The group analyzed the data and policy studies that were prepared by various Ukrainian and World Bank teams of experts and formulated recommendations for strategies to stem the growing tidal wave of economic collapse now threatening Ukraine. This report presents the issues that are creating these crises and outlines a course to prevent a crash. This report will be of interest to government agencies, economists, bankers, and academics.


Ukraine on the Road to Europe

Ukraine on the Road to Europe

Author: Lutz Hoffmann

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 323

ISBN-13: 3642575986

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by Viktor A. Yushchenko, Prime Minister of Ukraine The intensification of the integration processes on our continent entirely coincides with the national interests of Ukraine, a country which is undoubtedly European both geographically and politically. What kind of Europe do we now have, and what should it be in the future? What should the role of Ukrainian society be in the economic, social, and cultural integration of the countries on the European continent? These questions are the subject of research and scientific analysis by the well-known economists whose work is contained in this book. Let there be no doubt, the strategic goal of Ukraine's foreign policy is the active participation of our country in the European integration process. Thus, the move toward co-operation and gradual integration with the European Union was defined as one of the main priorities of the Ukrainian Government's programme "Reforms for Well-being", which is based on President Leonid Kuchma's speech "Ukraine: Steps into XXI century" and was approved by the Ukrainian Parliament. This move is not a hasty response to a new trend, but rather a pragmatic decision since the EU will define the face of Europe for the next century.


The Political Economy of Independent Ukraine

The Political Economy of Independent Ukraine

Author: Oleh Havrylyshyn

Publisher: Springer

Published: 2016-12-26

Total Pages: 356

ISBN-13: 1137576901

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Marking the 25th anniversary of Ukraine as a sovereign nation, this book traces its economic transformation since 1991. Post-communist transition has been a highlight of recent history, and Ukraine stands out as one of its most interesting and puzzling cases. Havrylyshyn offers the first comprehensive treatise on the entire period, providing a thorough description of the slow evolution of economic reforms, exploring how and why performance in this regard fell far behind the leaders in transition. Testing several conventional hypotheses, the author argues that while Russian imperialism may form part of the explanation, the self-serving interests of domestic elites and new oligarchs may be even more important. Radically revising the traditional argument that reforms were delayed to allow nation building, this book contends that it was due more to the interests of the non-lustrated elite, who needed time to become the new capitalists.


Ukraine

Ukraine

Author: Janusz Bugajski

Publisher: CSIS

Published: 2008

Total Pages: 46

ISBN-13: 9780892065271

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The Political Economy of Independent Ukraine

The Political Economy of Independent Ukraine

Author: H. van Zon

Publisher: Springer

Published: 2000-11-30

Total Pages: 248

ISBN-13: 0333978021

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The Political Economy of Independent Ukraine analyses the reasons for the abysmal economic performance of Ukraine during the 1990s. The main thesis is that economic development was blocked by a set of parasitic mechanisms at all levels of the economy that prevented the development of value-added economic activities. These parasitic mechanisms already developed under Soviet rule ('beating the system' by redistributing goods and services while disregarding formal rules) became a widespread practice.


Transformation and Post-War Economic Recovery of Ukraine

Transformation and Post-War Economic Recovery of Ukraine

Author: Leonid Kistersky

Publisher: Cambridge Scholars Publishing

Published: 2024-09-26

Total Pages: 452

ISBN-13: 1036412865

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Even before achieving victorious peace in the war against the Russian aggressor, the process of economic recovery has begun in Ukraine. The purpose of this monograph is to explore the possibilities of the post-war revival of the main sectors of the Ukraine’s economy based on positive world experience and advanced technologies. To obtain practically applicable results, highly qualified researchers from various universities and research centres of Ukraine were involved. The main focus of the monograph is the study of the problems of the transformation and post-war reconstruction of the economy and it is mainly intended for potential practical participants in these processes. However, the authors are convinced that it will be interesting and useful to all researchers analysing the transformations of complex economic systems. Methodological approaches and practical recommendations can be adapted to the specifics of a country that is solving the problems of transformation and building an economic model that would correspond to new geostrategic realities.


Economic Interdependence in Ukrainian-Russian Relations

Economic Interdependence in Ukrainian-Russian Relations

Author: Paul J. D'Anieri

Publisher: State University of New York Press

Published: 1999-07-01

Total Pages: 290

ISBN-13: 1438400489

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In the most detailed study to date of the emerging international political economy of the former Soviet Union, Economic Interdependence in Ukrainian-Russian Relations analyzes the intractable economic dilemmas facing Russia's neighbors, and shows how economic interdependence has become the key axis for the pursuit of power politics in the region. Ukraine's quest for complete political autonomy from Russia is in tension with the deep economic interdependence between the two countries, and Ukraine's leaders have found that pursuit of three key goals—sovereignty, prosperity, and security—often conflict with one another. While the years since independence have seen Ukraine consolidate its sovereignty, prosperity remains elusive and there remains no long-term strategy for maintaining Ukraine's political economy.