| ID | 132713 |
| Title Proper | Socio-economic crisis in Ukraine |
| Other Title Information | why and what's next? |
| Language | ENG |
| Author | Grigoriev, Leonid |
| Publication | 2014. |
| Summary / Abstract (Note) | Ukraine's main chance of entering Europe not as a source of labor force, but as a moderately developed industrialized country will be to go ahead with exports to Russia and other countries where Ukrainian manufactures are in demand.
Ukraine's socio-political and economic crisis did not emerge out of nowhere and it will not die down all by itself. It has lasted throughout the period of post-Soviet transformation, and there are no immediate reasons to hope it will end soon. Our observations made from the very outset of this process1 provide ample reasons to postulate that the original expectations of progress have failed to materialize. In 2007 we maintained that Ukraine had very good chances of taking a worthy place in Europe by virtue of the potential competitive edges of the Ukrainian economy, but that would require hard work, patience, time and a coherent policy. Over the past five to ten years, in particular, in the context of the current political crisis, that chance has been wasted and, regrettably, another one may offer itself only in the distant future |
| `In' analytical Note | Russia in Global Affairs Vol.12, No.2; Apr-Jun. 2014; P.145-156 |
| Journal Source | Russia in Global Affairs Vol.12, No.2; Apr-Jun. 2014; P.145-156 |
| Key Words | Ukraine's Crisis ; Recession ; Russia ; Ukraine ; European Union ; Economic Crisis ; Social Crisis ; Socio-Economic Crisis ; Emerging Economy ; Economic Context ; Political Transformation ; Socio-Political Crisis ; Ukrainian Economy ; Coherent Policy |