Transformation of the Ukrainian Economy in Conditions of the Crisis: some Results, Problems and Prospects

Over the past six years since the change of political power (in February 2014) and the new leadership of the country proclaimed the course towards Euro-Atlantic integration,Ukrainehas gone through the next and the largest crisis in its post-Soviet history. This crisis was the result of not only nega...

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Main Author: A. G. Pylin
Format: Article
Language:Russian
Published: Centre of Regional Research 2020-04-01
Series:Проблемы постсоветского пространства
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Online Access:https://www.postsovietarea.com/jour/article/view/226
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author A. G. Pylin
author_facet A. G. Pylin
author_sort A. G. Pylin
collection DOAJ
description Over the past six years since the change of political power (in February 2014) and the new leadership of the country proclaimed the course towards Euro-Atlantic integration,Ukrainehas gone through the next and the largest crisis in its post-Soviet history. This crisis was the result of not only negative global (slowdown in global economic growth, falling demand and prices for traditional Ukrainian exports), but also regional (rupture of trade and economic ties withRussia) factors amid loss of part of the territory and military operations in the east countries. Such serious external and internal shocks greatly affected to the Ukrainian economy, which at the same time withstood and largely adapted to sharply changing conditions. However, it is not necessary to talk about any significant development of the country, about its structural and technological modernization, increasing competitiveness in this period. To achieve this goal, the new authorities ofUkrainewill need to make a lot of efforts, achieve consolidation of the entire Ukrainian society on the country’s strategic development, complete large-scale structural and institutional reforms, solve the Donbass problem and at least partially restore the destroyed humanitarian and economic ties withRussia.
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series Проблемы постсоветского пространства
spelling doaj-art-ff6f709cf2364dc38cde7ef8a5c33e842025-08-04T12:53:30ZrusCentre of Regional ResearchПроблемы постсоветского пространства2313-89202587-81742020-04-0171425410.24975/2313-8920-2020-7-1-42-54215Transformation of the Ukrainian Economy in Conditions of the Crisis: some Results, Problems and ProspectsA. G. Pylin0nstitute of Economics, Russian Academy of Sciences; Financial University under the Government of the Russian FederationOver the past six years since the change of political power (in February 2014) and the new leadership of the country proclaimed the course towards Euro-Atlantic integration,Ukrainehas gone through the next and the largest crisis in its post-Soviet history. This crisis was the result of not only negative global (slowdown in global economic growth, falling demand and prices for traditional Ukrainian exports), but also regional (rupture of trade and economic ties withRussia) factors amid loss of part of the territory and military operations in the east countries. Such serious external and internal shocks greatly affected to the Ukrainian economy, which at the same time withstood and largely adapted to sharply changing conditions. However, it is not necessary to talk about any significant development of the country, about its structural and technological modernization, increasing competitiveness in this period. To achieve this goal, the new authorities ofUkrainewill need to make a lot of efforts, achieve consolidation of the entire Ukrainian society on the country’s strategic development, complete large-scale structural and institutional reforms, solve the Donbass problem and at least partially restore the destroyed humanitarian and economic ties withRussia.https://www.postsovietarea.com/jour/article/view/226ukrainerussiastructural transformationdeindustrializationagrarianization of the economyeuropean union association agreementtrade and investmentconflict in the donbass
spellingShingle A. G. Pylin
Transformation of the Ukrainian Economy in Conditions of the Crisis: some Results, Problems and Prospects
Проблемы постсоветского пространства
ukraine
russia
structural transformation
deindustrialization
agrarianization of the economy
european union association agreement
trade and investment
conflict in the donbass
title Transformation of the Ukrainian Economy in Conditions of the Crisis: some Results, Problems and Prospects
title_full Transformation of the Ukrainian Economy in Conditions of the Crisis: some Results, Problems and Prospects
title_fullStr Transformation of the Ukrainian Economy in Conditions of the Crisis: some Results, Problems and Prospects
title_full_unstemmed Transformation of the Ukrainian Economy in Conditions of the Crisis: some Results, Problems and Prospects
title_short Transformation of the Ukrainian Economy in Conditions of the Crisis: some Results, Problems and Prospects
title_sort transformation of the ukrainian economy in conditions of the crisis some results problems and prospects
topic ukraine
russia
structural transformation
deindustrialization
agrarianization of the economy
european union association agreement
trade and investment
conflict in the donbass
url https://www.postsovietarea.com/jour/article/view/226
work_keys_str_mv AT agpylin transformationoftheukrainianeconomyinconditionsofthecrisissomeresultsproblemsandprospects