Economic Growth in Ukraine and other NIS

Ararat L. Osipian

Chapter Part III in The Impact of Human Capital on Economic Growth, 2009, pp 107-148 from Palgrave Macmillan

Abstract: Abstract Successful transition to the mixed market oriented economy in Ukraine does not remove completely the argument that the period of transition was characterized by the economic crisis. With the different pace of the reforms in countries of the former Soviet Bloc, Ukraine is considered as having a long-term economic decline during the entire decade of 1990s. Furthermore, economic slowdown and negative economic growth are often associated and directly attributed to the process of transition. Simply put, reforms are blamed for the crisis. Finally, growing well-being of Ukrainian population and the rapid growth of 2000s need explanations, supported not only by theoretical, but empirical analysis. In order to address these issues, we offer a comprehensive systematic analysis of the statistical data for Ukraine and other post-Soviet economies.

Keywords: Foreign Direct Investment; Private Consumption; Shadow Economy; Capita Growth; Foreign Debt (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-10007-7_3

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DOI: 10.1057/9780230100077_3

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