Ukraine: Recent Economic Developments

International Monetary Fund

No 1996/021, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews economic developments in Ukraine during 1991–95. In October 1994, Ukraine finally embarked upon a comprehensive program of economic reform and stabilization. Although the efforts made in late 1994 were far reaching, the short-term results were not encouraging: inflation remained stubbornly high, the exchange rate weak, activity declined, and the rate of accumulation of external arrears dangerously rapid. By the first half of 1995, the performance .of the economy was more encouraging. Inflation slowed to monthly rates of about 5 percent. Exports to western markets also expanded strongly.

Keywords: ISCR; CR; government; enterprise; U.S. dollar; Ukraine; consumer price index; commodity exchange; inflation rate; government expenditure policies vis-à-vis household; Ukrainian authorities; stabilization effort; gross investment; General government operation; General government balance; Inflation; Credit; Income; Agricultural sector; Western Europe (search for similar items in EconPapers)
Pages: 148
Date: 1996-03-21
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=681 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:1996/021

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().