Ukraine at the Crossroads

Ukraine at the Crossroads
Author :
Publisher : Springer Science & Business Media
Total Pages : 460
Release :
ISBN-10 : 3790811890
ISBN-13 : 9783790811896
Rating : 4/5 (896 Downloads)

Book Synopsis Ukraine at the Crossroads by : Axel Siedenberg

Download or read book Ukraine at the Crossroads written by Axel Siedenberg and published by Springer Science & Business Media. This book was released on 1999-01-21 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: Axel Siedenberg, Lutz Hoffmann 1 The specificity of transformation in Ukraine When the Soviet empire collapsed in the very early 1990s, the new era that dawned was commonly given the name 'transformation', implying the systemic change from socialism towards some form of market economy. Almost ten years later, 'the' transformation process does not exist any more; instead, a whole variety of transformations are taking place in Eastern Europe and the CIS: Whereas some countries are heading towards EU membership (e. g. Poland), others are still pondering on what economic system to adopt (e. g. Russia) and yet others have rejected a market-oriented transformation outright (e. g. Belarus). Within this variety of transformations, Ukraine clearly stands out as a specific case: Whilst initially considered to be one of the stronger post-Soviet Republics, it descended into economic depression in 1992 and has hardly recovered since; on the other hand, once considered to be a potential centre of ethnic unrest and political instability, it has turned into a democratic, peaceful civil society that is firmly establishing itself within the new European and world order. This book takes a critical look at economic reform in Ukraine as compared to other East European and CIS countries. Our hypothesis is that Ukraine is going through a transformation process peculiar to itself, which can be traced at both macroeconomic and microeconomic level.


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