... choosing its political and economic course. The country’s budget is critically reliant on foreign aid, and the remnants of its industrial sector are locked into Western production and supply chains, further entrenching the peripheral nature of its economy. Modernization and even basic maintenance of the country’s infrastructure are impossible without Western support. Even if the EU and others were to confiscate and transfer Russia’s frozen assets to Ukraine (a scenario that remains uncertain), the problem of dependence would persist, as decisions about financial infusions would still be made abroad.
This dependence creates political vulnerability. Western partners can exert significant pressure, ...
...,30
12,6
302
Benefits from Strengthened Economic Cooperation
0,60
25,2
604
Total Economic Benefits from Improved Germany-Russia Relations
3,14
129,9
3112
Germany's Economic Revival: The Power of Restoring Relations with Russia
The path toward peace in Ukraine and the normalization of German-Russian economic relations presents a transformative opportunity for Germany’s economy and its role on the global stage. A comprehensive peace settlement and the lifting of all sanctions on Russia would reintegrate critical energy flows, revive bilateral trade, and facilitate the return of millions of Ukrainian refugees currently ...
... for the fast growth of domestic investments in most of participating countries.
Applied to the current situation, this suggests that foreign aid as such is unlikely to be the only or the main driver of the post-conflict development of the Ukrainian economy. Ukraine still needs to make decisive progress in such areas as combating corruption, the independence of the judiciary, and improving the quality of public administration at various levels. The challenge is to unleash the creative potential of the Ukrainian ...
... caused by the Western sanctions policy, and it also means protecting and developing both countries’ economic interests, rather than creating economic-relation problems for the West. It is also important to note that Russian-Chinese cooperation in the economy and other areas is quite normal. However, following the Russia–Ukraine conflict, people have started to see Russian-Chinese economic cooperation only through the lens of the conflict, interpreting it only as support or lack of support for Russia. Such an understanding is too subjective. China–Russia economic cooperation ...
... on the republic and its inhabitants. The authors of the working paper paid particular attention to the main aspects of state life and identified the main trends in the development of Ukraine during the years of its independence.
30th Anniversary of Ukraine’s Independence: State of Politics and Economy
, 1.6 Mb
... fight against international terrorism. I am cautiously optimistic that our relations will improve again in the foreseeable future.
For that to happen, Moscow would have to be ready to implement the Minsk Agreements of 2015 to bring peace to Eastern Ukraine.
Have you read them?
A long time ago.
If you refresh your memory, you will see that Russia is not mentioned in the Agreements at all. It is up to the parties to the conflict – Kiev and Donbass – to fulfil their obligations. It was absolutely ...
... The National Bank no longer publishes reports about the structure of its securities.
What Next: Development on the Horizon or Survival as a Raw Materials Appendage?
The results of 2017 and the development prospects for 2018 indicate that, even though Ukraine economy has overcome its collapse, serious growth should not be expected. Many economists view privatization as a possible extra source of money, but the thing is that the share of state property on the Ukrainian market stands at just 15 per cent, which ...
... financial structures. Ukraine, which has opted for a single-vector pro-Western course, has not yet realized that replicating the positive elements of the EU economic and administrative system is not the same as living according to the European way of life.
Ukraine still needs to develop the innovative sectors of its economy, improve the tax system, alleviate the fiscal burden, simplify administration and develop the agricultural sector through the production and export of processed products. It is also vitally important to work on both the European and Asian markets,...
... by paying on average $700 million per year. It is estimated that
at least 3 bcm of gas produced by Naftogaz
and its subsidiaries do not reach intended customers in the residential/heating sector.
REUTERS/Valentyn Ogirenko/Pixstream
Anna Tsybulina:
Ukraine's Economy: Where from and Where to?
Mismanagement in the state-owned company is combined with the over-taxation of the private (‘independent’) gas producers. Ukraine’s 'independents' are an important domestic source of natural gas supplies....
... Studies -
www.wiiw.ac.at
1
. Aslund A., Why is Ukraine so Poor? Op-ed in RBC Daily, Moscow, November 5, 2014.
2
. World Economic Outlook: Legacies, Clouds, Uncertainties, International Monetary Fund, October 2014. P.188
3
. Ibid.
4
. How to Stabilise the Economy of Ukraine. Final Report. The Vienna Institute for International Economic Studies, 2015. P.13
5
. Ibid. P. 14
6
. Movchan V., Giucci R., Ryzhenkov M., Ukranian Exports To Russia: Sector and Regional Exposure. Technical Note Series [TN/03/2014], Institute ...
