The Political Economy of Independent Ukraine (Studies in Economic Transition)

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The Political Economy of Independent Ukraine (Studies in Economic Transition) image
ISBN-10:

0312235933

ISBN-13:

9780312235932

Released: Jan 01, 2001
Format: Hardcover, 236 pages

Description:

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.

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