Ukraine Systematic Country Diagnostic : Toward Sustainable Recovery and Shared Prosperity
Ukraine has tremendous potential that has not yet been reached. Ukraine is endowed with intelligent, energetic, and entrepreneurial people; extraordinary fertile land; considerable natural resources; and a geographic location at the crossroads of E...
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/268021494851394908/Ukraine-Systematic-Country-Diagnostic-toward-sustainable-recovery-and-shared-prosperity http://hdl.handle.net/10986/27148 |
| Summary: | Ukraine has tremendous potential that
has not yet been reached. Ukraine is endowed with
intelligent, energetic, and entrepreneurial people;
extraordinary fertile land; considerable natural resources;
and a geographic location at the crossroads of Europe and
Asia. There is no reason why Ukraine, under the right
conditions, should not be among the league of prosperous and
successful nations. The circumstances today, however, are of
course, still far from that ultimate target. Ukraine’s GDP
per person in 2015 was $2,115, while the corresponding
figure was $12,500 for Poland, around $9,000 for Turkey and
Romania, and $9,800 for Malaysia, and $13,000 for Argentina.
The flip side of the current circumstances is that if
Ukraine is able to put in place the right conditions, it
will experience a period of strong economic growth as it
catches up and converges to the levels of income of more
prosperous nations. This Systematic Country Diagnostic (SCD)
for Ukraine is intended as an evidence based diagnostic of
the constraints and priorities to reduce poverty and promote
shared prosperity in a sustainable way. The SCD is intended
as an evidence‐based and integrative analytical report,
combining analysis of growth, inclusion, and sustainability.
The SCD is not intended to be limited to expected areas of
World Bank Group (WBG) engagement, but is instead intended
to assess what the country itself should do to advance its
growth, poverty reduction, and shared prosperity objectives
in a sustainable way. This SCD is structured as follows. The
next section covers the analysis of growth and
sustainability. The third section covers the analysis of
poverty and shared prosperity. The fourth section uses the
analysis from the prior two sections to lay out the
framework for the SCD, including the constraints and
pathways to sustainable recovery and shared prosperity for
Ukraine. The fifth, sixth, seventh, and eighth sections
elaborate on the pathways to achieving sustainable recovery
and shared prosperity in Ukraine. |
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