Proposals for Ukraine: 2010 – time for reformside Ukraine
Proposals for Ukraine: 2010 – time for reformside Ukraine
Author(s): Not Specified Author
Subject(s): Public Administration, Economic policy, Environmental and Energy policy, International relations/trade, Corruption - Transparency - Anti-Corruption
Published by: МЦПД Міжнародний центр перспективних досліджень
Summary/Abstract: Ukraine has gone through a rollercoaster in the last decade. Eight years of an average economic growth of 7.5 percent from 2000 until 2007 has been followed by severe economic crisis, with gross domestic product (GDP) anticipated to slump by 14 percent in 2009. Ukraine’s presidential elections offer a grea topportunity to launch a major revitalization of the country. Ukraine is not performing up to its potential. In 2009, the International Monetary Fund (IMF) assessed that its GDP per capita will be as little as $2,540 in current US dollars, placing it 110th in the world. The situation looks only marginally better when GDP is expressed in purchasing power parities, which reflects the actual living standard: $6,460 per capita, at 99th place in the world. In purchasing power parities, Ukraine’s GDP amounted to 22 percent of the European Union (EU) level and 40 percent of the Russian level in 2009.
Series: ICPS-Papers
- Page Count: 76
- Publication Year: 2010
- Language: English
- Content File-PDF
- Introduction
