The Macroeconomic Situation in Ukraine: Little Room for Improvement

Ukraine’s economic fundamentals are poor and it has witnessed only a mild recovery since the beginning of the global economic crisis. Growing unemployment, the stagnant level of wellbeing, weak real FDI inflows, rising government debt, and the costs of defending the currency cloud the prospects to reverse this gloomy trend. The root causes of the current economic situation arise from the inefficient, unclear, corruption-prone and state-linked monopoly-friendly environment. The EU and Poland should therefore use this opportunity to enhance the scale of cooperation with the Ukrainian authorities, sharing experiences and best practices. It also should become involved in encouraging the Ukrainian government to move forward with long-term economic reforms.

Bulletin PISM no 18 (613), 12 February 2014Bulletin PISM no 18 (613), 12 February 2014 (110 KB)

2014-02-12, Patryk Toporowski, no. 18 (613)

Source: The Polish Institute of International Affairs

Advertisements
This entry was posted in Articles and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s