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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.
Book Synopsis The Ukrainian Economy Since Independence by : King Banaian
Download or read book The Ukrainian Economy Since Independence written by King Banaian and published by Edward Elgar Publishing. This book was released on 1999 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
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.
Book Synopsis How Ukraine Became a Market Economy and Democracy by : Anders Åslund
Download or read book How Ukraine Became a Market Economy and Democracy written by Anders Åslund and published by Columbia University Press. This book was released on 2009-03-01 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
"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.
Book Synopsis Ukraine by :
Download or read book Ukraine written by and published by World Bank Publications. This book was released on 1999 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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.
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.
Book Synopsis The Political Economy of Independent Ukraine by : Oleh Havrylyshyn
Download or read book The Political Economy of Independent Ukraine written by Oleh Havrylyshyn and published by Springer. This book was released on 2016-12-26 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
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.
Book Synopsis Ukraine on the Road to Europe by : Lutz Hoffmann
Download or read book Ukraine on the Road to Europe written by Lutz Hoffmann and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
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.
Book Synopsis Economic Reform in Ukraine: The Unfinished Agenda by : Anders Aslund
Download or read book Economic Reform in Ukraine: The Unfinished Agenda written by Anders Aslund and published by Routledge. This book was released on 2019-08-07 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
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.
Book Synopsis Economic Interdependence in Ukrainian-Russian Relations by : Paul J. D'Anieri
Download or read book Economic Interdependence in Ukrainian-Russian Relations written by Paul J. D'Anieri and published by State University of New York Press. This book was released on 1999-07-01 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Ukraine written by Janusz Bugajski and published by CSIS. This book was released on 2008 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
"The Political Economy of Independent Ukraine" analyzes 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. Those parasitic mechanisms already developed under Soviet rule ('beating the system' by redistributing goods and services while disregarding formal rules) became a widespread practice.
Book Synopsis The Political Economy of Independent Ukraine by : Hans van Zon
Download or read book The Political Economy of Independent Ukraine written by Hans van Zon and published by Palgrave Macmillan. This book was released on 2000 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Political Economy of Independent Ukraine" analyzes 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. Those parasitic mechanisms already developed under Soviet rule ('beating the system' by redistributing goods and services while disregarding formal rules) became a widespread practice.
...Deals with the attempts at economic reform by the people of Ukraine, the fourth largest nation in Europe...
Book Synopsis Ukraine's Economic Reform by : Raphael Shen
Download or read book Ukraine's Economic Reform written by Raphael Shen and published by Praeger. This book was released on 1996-09-13 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: ...Deals with the attempts at economic reform by the people of Ukraine, the fourth largest nation in Europe...
