The Ukrainian Economy Since Independence

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Edward Elgar, Jan 1, 1999 - Business & Economics - 173 pages
'Banaian's recollections and analysis of the Ukrainian economy show vividly why not all transitions have a happy ending. Ideology and poor policy choices can combine to forestall even the most hopeful signs of a recovery. Given Ukraine's economic potential, the outcome is truly tragic.' - Pierre Siklos, Wilfrid Laurier University, Ontario, Canada Despite the fact that Western governments have provided Ukraine with over $10 billion in foreign aid, little is known of Ukraine's economy since it declared independence from the Soviet Union in 1991. In this book, Professor Banaian describes the halting steps towards transition that Ukraine has taken and analyses their effects.

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The Hyperinflation Process

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