Ukraine's Economy: Where from and Where to?

... economic problems in September 2008, resulting in a fall in GDP by 14.8% in 2009 [2] . The government resorted to emergency measures, drawing on 16.4 billion dollars from the IMF in 2008 and 15.1 billion dollars in 2010, but failed to launch structural reforms . The economic growth resumed in 2010 at about 5% a year, but in 2012 froze at 0.3% [3] . The situation in the country has become critical, and the beginning of military operations in the Donetsk and Luhansk regions coupled with Crimea’s reunification with Russia only exacerbated it. Crimea and Donbass: The price paid In purely economic terms, the impact of Crimea’s secession from Ukraine has been relatively insignificant, and is estimated at about 3.8% of total GDP ...