- published: 30 Jul 2015
- views: 3181
The economy of Ukraine is an emerging free market. Like other post-Soviet states, its gross domestic product fell sharply for 10 years following the collapse the Soviet Union in 1991. However, it grew rapidly from 2000 until 2008 when the Great Recession began worldwide and reached Ukraine as the 2008-2009 Ukrainian financial crisis. The economy recovered in 2010, but since 2013 the Ukrainian economy has been suffering from a severe downturn.
The depression during the 1990s included hyperinflation and a fall in economic output to less than half of the GDP of the preceding Ukrainian SSR. GDP growth was recorded for the first time in 2000, and continued for eight years. This growth was halted by the global financial crisis of 2008, but the Ukrainian economy recovered and achieved positive GDP growth in the first quarter of 2010. By October 2013, the Ukrainian economy lapsed into another recession. The previous summer Ukrainian export to Russia was substantially worsened due to stricter border and customs control by Russia. The early 2014 annexation of Crimea by Russia, and the War in Donbass that started in the spring of 2014 severely damaged Ukraine's economy and severely damaged two of the more industrial oblasts. In 2013, Ukraine saw zero growth in GDP. Ukraine's economy shrank by 6.8% in 2014, and this continued with a 12% decline in GDP in 2015. As of 11 January 2016, the World Bank forecasts that Ukraine will experience an economic growth rate of 1% in 2016, which if true will end the recession. Since December 2015 Ukraine refuses to and hence de facto defaults on debt payments to Russia.
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Mission Impossible: That's how one analyst has described the reform process now taking place in Ukraine, according to which the government is trying to reform the economy and throw off the legacy of the Soviet-era. It's an understatment to say they it's not an east task - Kenneth Rapoza, emerging markets specialist, writing for Forbes, tells us more. Check out our website: http://uatoday.tv Facebook: https://facebook.com/uatodaytv Twitter: https://twitter.com/uatodaytv
Ukraine's economy is in dire straits - people are poor and the social situation has deteriorated. With yearly inflation hitting a record 45%, Ukraine is the only European country to get aid from the World Food Programme. RT LIVE http://rt.com/on-air Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday Like us on Facebook http://www.facebook.com/RTnews Follow us on Twitter http://twitter.com/RT_com Follow us on Instagram http://instagram.com/rt Follow us on Google+ http://plus.google.com/+RT Listen to us on Soundcloud: https://soundcloud.com/rttv RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.
West looks to ramp up gas production, as Vice President Biden’s son named leader in Ukrainian gas company Burisma
Ukraine's economy is expected to lose nearly 1 billion dollar this year due to trade restrictions imposed by Russia. The Kremlin introduced restrictions on the Ukrainian food products this year after Kiev joined the West's anti-Moscow sanctions. Watch Live: http://www.presstv.com/live.html Twitter: http://twitter.com/PressTV LiveLeak: http://www.liveleak.com/c/PressTV Facebook: http://www.facebook.com/PRESSTV Google+: http://plus.google.com/+VideosPTV Instagram: http://instagram.com/presstvchannel Dailymotion: http://www.dailymotion.com/presstv
Ukraine’s many dead ends. Faced with a faltering economy and growing political instability, official Kiev has limited options. And with Europe unwilling or unable to provide much assistance, the Ukrainian president may have no choice but to do the unthinkable – that is make a deal with Moscow. CrossTalking with Dmitry Babich, Mark Sleboda and Charles Shoebridge. Listen to CrossTalk+ here: https://soundcloud.com/rttv/sets/cros... Watch all CrossTalk shows here: http://www.youtube.com/playlist?list=... (2009 - 2011) http://www.youtube.com/playlist?list=... (2011 - 2012) http://www.youtube.com/playlist?list=... (2012 - 2013) http://www.youtube.com/playlist?list=... (2013 - 2014) http://www.youtube.com/playlist?list=... (2015 - Current) RT LIVE http://rt.com/on-air Subscribe to RT! http://...
Ukraine is ready to introduce a moratorium on debt payment. This became known as a result of the official visit of Ukrainian Prime Minister Arseniy Yatsenyuk and Finance Minister Natalia Yaresko to the United States. The head of the finance department of Ukraine had a meeting with IMF Director Christine Lagarde. According to the Ukrainian official, the bailout program of the IMF was in jeopardy. Because of the protracted conflict in the Donbas and the lack of understanding between Ukraine and the IMF, 40 billion dollars could hardly be justifiable. Kiev hopes not to make any payments at least until the end of the summer. Konstantin Ordov, Head of the Department of Financial Management at Russian Economic Institute named after Plekhanov "Ukraine is losing its sovereignty entirely. This ...
Ukraine Today news channel premieres the English-language adaptation of a documentary about the Ukrainian ladies who work as economic migrants in Italy and the children they leave behind. ‘ATM Woman' raises important issues about the social impact on Ukrainian society of economic migration and the challenges this trend poses to traditional family structures. Check out our website: http://uatoday.tv Facebook: https://facebook.com/uatodaytv Twitter: https://twitter.com/uatodaytv
International rating agency Fitch downgraded Ukraine's long-term rating. Ukraine may now count days before its economy collapses. What will happen to the country if it announces default? What do Ukrainian partners, including Russia have to expect in this case? Despite the political conflict between Moscow and Kiev, industrial and financial ties between the two countries are still strong. Ruslan Grinberg, Director of the Institute of Economics of the Russian Academy of Sciences "The state of affairs in the Ukrainian economy is close to desperation. Its debts will have to be restructured and postponed. One can not say when they can do it, given the current cold relations between Russia and Europe. The most interesting thing is that even if we become friends again, we will need to provide c...
Aivaras Abromavicius, Ukrainian Economy Minister: "Obviously my resignation and my statement was basically a cold shower to the political elite in our country and I think we are in a pretty difficult situation, yet I believed a week ago and I still believe now that we are either two steps away from a breakthrough or two steps away from a breakdown." Aivaras Abromavicius, Ukrainian Economy Minister: "Perhaps the short cut to the progress is a completely technocratic government and I see Natalia Yaresko as a person of great dignity, a person who is considered by everyone to be an absolute professional, spotless reputation and also a very efficient one." Aivaras Abromavicius, Ukrainian Economy Minister: "It's a crisis of trust. It's a crisis of, basically, values. I think we really need t...
Today, On the Federal Reserve money printing to prop up the economy, Dr. Roberts, who has a PhD in economics, contends, "I think they realize all the money printing does undermine the dollar, and if they lose the dollar, the game is over. So, they have to protect the dollar." http://www.paulcraigroberts.org/
Breaking : Paul Craig Roberts Interview 2016 : Paul Craig Roberts Interview : Breaking : Paul Craig Roberts Interview 2016 : Paul Craig Roberts: Economic collapse, 3, US, Russia, Ukraine, Greece. Today, On the Federal Reserve money printing to prop up the economy, Dr. Roberts, who has a PhD in economics, contends, I think they realize all the money .
December 3th, DFJ media center, Mohyla School of journalism, Kiev Great thanks to Yuriy Panin!
Please join us for a timely discussion on the economic consequences of the ongoing conflict and political instability in Ukraine, as well as the opportunities for structural reform and ways that the international community can assist Ukraine overcome its significant economic challenges. Made possible by the generous support of East Magazine on the release of its latest issue, this discussion will explore the increasingly difficult economic situation that Ukraine faces today as the Hryvnia has depreciated by nearly 70%, Ukrainian inflation is in excess of 30%, an economy that is expected to contract by a further -7.5% this year, and a debt-to-GDP ratio that has nearly doubled. Although the IMF and other lenders recently agreed to restructure a portion of this debt and the U.S. and EU have ...
10 грудня проходило останнє в цьому році засідання клубу. Оскільки 2016 рік був оголошений роком англійської мови, то студенти економічного факультету вирішили проявити ініціативу та стати ентузіастами в цій справі, провівши засідання англійською мовою. Тема звучала наступним чином: «The prospectives of Ukrainian economy». Крім студентів, на засіданні були присутні кандидат економічних наук Верстяк Андрій Васильович та декан Економічного факультету Білоскурський Руслан Романович. На засіданні були обговорені теперішній стан української економіки, фактори що його спричинили та можливі шляхи розвитку. Засідання пройшло у невимушеній атмосфері.
Russia Ukraine War - Global Economy - History Documentary - NATO Russia https://youtu.be/78Ex_hF-dsk The Russian Military Forum: Russia's Hybrid War Campaign: Implications for Ukraine and Beyond I created this video with the YouTube Video Editor (http://www.youtube.com/editor) Original: https://www.youtube.com/watch?v=8WA1rP5WGfY Creative Commons Attribution license (reuse allowed) https://creativecommons.org/licenses/by/3.0/legalcode https://support.google.com/youtube/answer/2797468?hl=en Author: https://www.youtube.com/channel/UCr5jq6MC_VCe1c5ciIZtk_w Russia's Hybrid War Campaign: Implications for Ukraine and Beyond The CSIS Russia and Eurasia Program is pleased to invite you to a discussion with Dr. Phillip Karber, President of the Potomac Foundation, a defense and foreign policy t...
Check out more episodes of VICE News here: http://bit.ly/PILfBe Kiev's Euromaidan protesters began 2014 the same way they ended 2013: by rioting in the streets in an attempt to bring down their government. Key victories have already been won, with Prime Minister Mykola Azarov and his cabinet resigning. The demonstrators also forced the annulment of a new anti-protest law that was, ironically, the cause of much of their protesting. The protesters haven't been contented by this, however, and are still out in the streets, demanding the head of President Viktor Yanukovych and the staging of fresh elections. What began as a protest against the Ukrainian government's close ties with Russian leader Vladimir Putin has become a focus for wider discontent. However, Yanukovych seems in no mood to r...
Prof John Foster, Communist Party International Secretary, explains what is going on in the Ukraine. Ukraine is a country divided by a civil war that has already killed thousands. The country is also in economic chaos. Inflation is running at over 40 per cent. Average wages for those lucky enough to be employed are around £25 a week. Over half the population is living below the UN-determined poverty level. Recorded September 2015, this event was originally to have had Eddie Dempsy give a report on the International solidarity visit to the Donbass region in eastern Ukraine. Although Eddie couldn't make it, Prof Foster stood in and gave tremendously useful insights into this potentially complex subject.