IDEAS home Printed from https://ideas.repec.org/p/sec/mbanks/0139.html
   My bibliography  Save this paper

Quo vadis, Ukraine? Is there a chance for success? (Quo vadis Ukraino? Czy istnieje szansa na sukces?)

Author

Listed:
  • Ivan Mikloš

Abstract

If I were to say just one thing about Ukraine, I think I would have to stress it is the most underperforming country of all the countries I know. Ukraine has had, and indeed still does have, a lot of potential. In the beginning of 1990s, in 1992 to be precise, Deutsche Bank prepared an analysis of the chances for the former Soviet Union states to be reformed and developed successfully, and according to this analysis, Ukraine had the best chance among them all to be successful. We know that in reality the opposite happened, and Ukraine is in a very difficult situation now. The main reason for this situation is that when at the beginning of 1990s communist countries collapsed, the old system in Ukraine was not replaced by a new one, one of functioning market economy. It was eroded, but not exactly replaced the way it happened for example in Poland, Czechoslovakia, Hungary, and the Baltic states. The country was captured by oligarchs, and a very strange, dysfunctional, and corrupted system was created instead./ Gdybym mia³ powiedzieæ tylko jedn¹ rzecz o Ukrainie, musia³bym podkreœliæ, ¿e jest to kraj osi¹gaj¹cy najgorsze wyniki gospodarcze spoœród wszystkich znanych mi krajów. Ukraina mia³a i nadal ma ogromny potencja³. Na pocz¹tku lat dziewiêædziesi¹tych ubieg³ego wieku, a dok³adnie w roku 1992, Deutsche Bank przygotowa³ analizê szans by³ych pañstw Zwi¹zku Radzieckiego na przeprowadzenie reform i pomyœlny rozwój. Wed³ug tej analizy najwiêksze szanse na sukces wœród nich wszystkich mia³a w³aœnie Ukraina. Jak wiemy, w rzeczywistoœci sta³o siê inaczej, i Ukraina znajduje siê teraz w bardzo trudnej sytuacji.G³ównym jej powodem jest fakt, ¿e gdy na pocz¹tku lat dziewiêædziesi¹tych upada³ komunizm, stary system na Ukrainie nie zosta³ zast¹piony przez nowy system gospodarki rynkowej. Zosta³ on os³abiony, ale nie zast¹piony przez nowy system, jak mia³o to miejsce na przyk³ad w Polsce, Czechos³owacji, na Wêgrzech czy w pañstwach ba³tyckich. Kraj zosta³ przejêty przez oligarchów i zapanowa³ w nim bardzo dziwny, dysfunkcjonalny i skorumpowany system

Suggested Citation

  • Ivan Mikloš, 2015. "Quo vadis, Ukraine? Is there a chance for success? (Quo vadis Ukraino? Czy istnieje szansa na sukces?)," mBank - CASE Seminar Proceedings 139, CASE-Center for Social and Economic Research.
  • Handle: RePEc:sec:mbanks:0139
    as

    Download full text from publisher

    File URL: https://case-research.eu/sites/default/files/publications/mbank-case_139_final.pdf#overlay-context=en/index%3Fpage%3D1
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Ukraine; transitional economies; privatization; energy reform;
    All these keywords.

    JEL classification:

    • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies
    • P21 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Planning, Coordination, and Reform
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sec:mbanks:0139. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anna Budzynska (email available below). General contact details of provider: https://edirc.repec.org/data/caseepl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.