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A social breakthrough and an economic slowdown in Ukraine

Author

Listed:
  • Alla Mostepaniuk,

Abstract

Recent revolutions were either successful as in Georgia, where the living standards were improved or a great fault as in Yemen, Libya and Syria, where a civil war started. What are the underneath reasons of a successful revolution? Why in some countries anti-governmental protests brought prosperity while in others continuous military conflicts and social deprivation? This paper provides a multi approach analysis of the Revolution of Dignity in Ukraine, shows visible and hidden preconditions as well as key social and economic outcomes. It concludes that despite a fundamental shift in the social identity and ideology of the nation, there are number of negative economic results, which slow down economic development and further social improvement. Key words: Ukraine, social capital, economic growth, post-revolution performance, corruption.

Suggested Citation

  • Alla Mostepaniuk,, 2017. "A social breakthrough and an economic slowdown in Ukraine," Business and Economic Horizons (BEH), Prague Development Center, vol. 13(5), pages 604-618, December.
    • Handle: RePEc:pdc:jrnbeh:v:13:y:2017:i:5:p:604-618
    DOI: 10.15208/beh.2017.41
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    References listed on IDEAS

    as
    1. Pasquale Tridico & Iryna Zhak, 2016. "The Second Ukrainian Transition: From Oligarch Economy to a Sustainable Development Model," Challenge, Taylor & Francis Journals, vol. 59(3), pages 234-257, May.
    2. Zhukov, Yuri M., 2016. "Trading hard hats for combat helmets: The economics of rebellion in eastern Ukraine," Journal of Comparative Economics, Elsevier, vol. 44(1), pages 1-15.
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    More about this item

    Keywords

    Ukraine; social capital; economic growth; post-revolution performance; corruption;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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