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Ukraine: Ex Post Evaluation of Exceptional Access Under the 2008 Stand-By Arrangement

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  • International Monetary Fund

Abstract

Ukraine was one of the countries hardest hit by the global economic and financial crisis; it was also one of the first countries supported by a Stand-By Arrangement (SBA). The Ex Post Evaluation of Exceptional Access Under the 2008 SBA reveals that the achievement of program objectives was mixed, with core short-term objectives largely met, but little progress made toward meeting medium-term objectives. The banking system stabilized, the current account adjusted quickly, social arrears and sovereign default were avoided, and a gradual economic recovery started from mid-2009.

Suggested Citation

  • International Monetary Fund, 2011. "Ukraine: Ex Post Evaluation of Exceptional Access Under the 2008 Stand-By Arrangement," IMF Staff Country Reports 2011/325, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2011/325
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    Cited by:

    1. Cristian, IONESCU, 2014. "The Role Of The Economic And Institutional Framework In Ensuring Financial Stability In Romania, During 2012-2014," Management Strategies Journal, Constantin Brancoveanu University, vol. 26(4), pages 230-242.

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