The Ukrainian Economy Since IndependenceDespite 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. Ukraine is an example of how slow or gradual reform was attempted and stopped. The author argues that this has been the result of several political and economic factors, and that the resulting 'arrested transition' may continue indefinitely. Backed by extensive econometric analysis, the book provides insight into its hyperinflationary experience, the causes of continued economic contraction, Ukraine's experience with exchange rate regime changes, its large underground economy and the prospects for long run growth. The Ukrainian Economy since Independence will be of interest to scholars of the economics and political science of transition as well as policymakers in the area. |
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Page 4
... Catholic Church ( or the Uniate Church ) was based in this region . Historically Galicia had been under Polish rule or protection before coming into the Austro - Hungarian Empire in 1772. Bukovina had ties to Romania and Chernivtsi to ...
... Catholic Church ( or the Uniate Church ) was based in this region . Historically Galicia had been under Polish rule or protection before coming into the Austro - Hungarian Empire in 1772. Bukovina had ties to Romania and Chernivtsi to ...
Page 11
... Catholic Church in Ukraine , began to circulate as early as 1982 . Still this was a small , disorganized and dispirited dissident movement . " [ I ] n the Brezhnev and Andropov eras , and especially in Shcherbytskyi's Ukraine , no ...
... Catholic Church in Ukraine , began to circulate as early as 1982 . Still this was a small , disorganized and dispirited dissident movement . " [ I ] n the Brezhnev and Andropov eras , and especially in Shcherbytskyi's Ukraine , no ...
Page 155
... less rather than more likely ( see Motyl 1993 ) . 74 " Ill health all around in Ukraine ” , The Economist , June 29 , 1997 , p . 72 . • Orthodox and Catholic countries are less likely to be Prospects for Growth in Ukraine 155.
... less rather than more likely ( see Motyl 1993 ) . 74 " Ill health all around in Ukraine ” , The Economist , June 29 , 1997 , p . 72 . • Orthodox and Catholic countries are less likely to be Prospects for Growth in Ukraine 155.
Contents
Figures | 10 |
The Hyperinflation Process | 28 |
Reform and Power | 56 |
Copyright | |
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Common terms and phrases
agricultural amount argue Banaian Bank of Ukraine Belarus billion bribes budget deficit Burdekin Burmeister and Wall cash cent of GDP central bank clans coal Cobb-Douglas commercial banks Communist corruption countries decline deposits Dnipropetrovsk dollars Donbas Donetsk Economic Review elections enterprises equation estimates exchange rate expected export Figure financing firms foreign currency Gosbank growth rate hryvnia hyperinflation income increase independence industry inflation rate International Monetary Fund Kalman filter karbovanets Kravchuk Kuchma Kuzio Kyiv Lazarenko loans long-run macroeconomic Marchuk Market Economies money demand Moroz National Bank output parliament Party political privatization production function Pynzenyk Rada real interest rate republics reserve requirements ruble Rukh Russia sector seigniorage seigniorage revenues share of GDP Source Soviet Union stabilization subsidies Table target zone tax revenues trade transition economies Ukraine's Ukrainian USSR vote wage western workers World