Thе Politicаl Economy of Indеpеndеnt Ukrаinе (Studiеs in Economic Trаnsition)
Publisher: Pаlgrаvе Mаcmillаn
Number of Pages: 208
Published: 2000-08-18
List price: $0.00
The Political Economy of Independent Ukraine analyzes the reasons for the abysmal economic performance of Ukraine during the 1990s. The main thesis is that economic development was blocked by a set of parasitic mechanisms at all levels of the economy that prevented the development of value-added economic activities. Those parasitic mechanisms already developed under Soviet rule (’beating the system’ by redistributing goods and services while disregarding formal rules) became a widespread practice.The Political Economy of Independent Ukraine analyzes the reasons for the abysmal econ...