This paper examines Moldova’s performance in the area of Macroeconomic stabilisation since independence. Analysis of key indicators such as prices, the budget, monetary growth and output reveal that after initial problems progress has been relatively satisfactory more recently. Furthermore,...

Ukraine became independent in 1991 and formally abandoned central planning. But the development of market methods of input supply and product distribution was impeded by continuing price distortions and the survival of various methods of administrative commodity allocation from the central...

This paper reviews the state of the Ukrainian economy since independence and the extent of the role played by the reform process in the country’s transition to a market economy. It also offers an assessment of the future prospects for a successful transition of the economy to one based on...

Since independence Ukraine has attracted very little foreign direct investment, both in absolute terms, and relative to other transition economies. This is the case when we analyse the ratio of FDI to GDP and exports, and the amount of FDI per capita. This paper examines the causes of the low...

In this paper there is a investigation of Ukraine’s contradictory attitude to reform. This attitude has seen the country characterised by hesitancy on reforms which has stifled its economic performance in areas such as privatisation and competition policy. Most notably the presence of interest...