Summary of Scenarios for Ukraine

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Throughout 2013, the World Economic Forum (WEF) consulted with more than 300 representatives of business, politics and civil society, inside and outside Ukraine, to examine the long-term economic and social issues confronting Ukrainians and to outline some possible scenarios. In light of the area’s current turmoil, this report’s prescriptions may seem far removed from the nation’s immediate struggle to retain its territory and sovereignty. But today’s economic, political and social problems are likely to remain when this crisis is over, whatever its outcome. getAbstract recommends this clear overview of the major challenges and choices Ukraine faces.

In this summary, you will learn

  • How Ukraine can build a robust economy,
  • How weak and venal elites could doom growth, and
  • Why the country can’t achieve a stable future without making a new “social contract” with all stakeholders.
 

About the Author

The World Economic Forum is an independent, international organization that convenes leaders from business, politics, academia and society to tackle global issues.

 

Summary

Despite its weak governmental and civil institutions, and an economy reliant on inefficient, outdated practices in metallurgy and agriculture, Ukraine delivered robust growth in the early 2000s. Strong global demand for its exports and investors’ attraction to emerging markets buoyed its economy. That...

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