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Scenarios for Ukraine
Report

Scenarios for Ukraine

Reforming Institutions, Strengthening the Economy After the Crisis


áudio gerado automaticamente
áudio gerado automaticamente

Editorial Rating

8

Qualities

  • Comprehensive
  • Scientific
  • Overview

Recommendation

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.

Take-Aways

  • Ukraine suffers from an inefficient economy and weak political and civil institutions.
  • In the early 2000s, the Ukrainian economy grew rapidly due to a favorable global environment, forestalling much-needed reforms and modernizations. But in 2009, its GDP shrank by nearly 15%.
  • Three scenarios depict Ukraine’s possible future: The first foresees its stakeholders pursuing a new social contract to implement reforms and spark a “virtuous circle” that returns the country to robust growth.

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.


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