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
... Russia and Ukraine , particularly as it relates to Ukraine's economic colonial status , can be found in Kononenko ( 1958 ) . The east , Ukraine's industrial heartland , has long been 4 From Independence to Constitution.
... Russia and Ukraine , particularly as it relates to Ukraine's economic colonial status , can be found in Kononenko ( 1958 ) . The east , Ukraine's industrial heartland , has long been 4 From Independence to Constitution.
Page 10
... status by the Soviet Union in 1990. It retains autonomy within Ukraine . So in yet another way the borders of Ukraine are determined by political forces while the country's identity is more cultural and linguistic then geographic . THE ...
... status by the Soviet Union in 1990. It retains autonomy within Ukraine . So in yet another way the borders of Ukraine are determined by political forces while the country's identity is more cultural and linguistic then geographic . THE ...
Page 73
... status . Thus at the conclusion of the presidential elections the parliament had been reshuffled and the presidency had been peacefully transferred to a new leader , but little may have changed as a result . The groups most able to ...
... status . Thus at the conclusion of the presidential elections the parliament had been reshuffled and the presidency had been peacefully transferred to a new leader , but little may have changed as a result . The groups most able to ...
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