Ukraine encountered many economic problems in its first years of independence. Most serious among external shocks were the collapse of trade with the former Soviet Union and the sharp price increases for energy imports. External shocks resulted in an income loss in the current accounts equivalent to about 14 percent of the gross domestic product (GDP) a year in 1992 and 1993. Ukraine did not adopt an appropriate strategy for dealing with the impact...
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INFORMATION
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1994/09/30
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Document de travail de recherche sur les politiques
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WPS1361
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1
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1
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2010/07/01
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External shocks and performance responses during systemic transition : the case of Ukraine
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external shock
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