A COMPARATIVE REVIEW OF THE TRANSFORMATION OF ECONOMIC INDICATORS IN A TRANSITIONAL PERIOD IN THE HISTORY OF UKRAINE’S INDEPENDENCE

Authors

  • Oleksandr O. Romanovskyi

DOI:

https://doi.org/10.37659/2663-5070-2019-2-45-60

Keywords:

economic crisis, economic growth, GDP, inflation, purchasing power parity (PPP), GDP per capita, moral and ethical education, sustainable development.

Abstract

The paper provides a comparative review of the transformation of economic indicators in a transitional period in the history of Ukraine’s independence. The illustration of comparison of the dynamics of economic development of Ukraine, Poland and Kazakhstan during the period from 1990 to 2017 is given. Analysis of political, social and economic problems of Ukraine in the period of its independence is carried out. Author’s vision of the important prerequisites for the further creation of conditions for the sustainable development of Ukraine is formulated. These prerequisites are based on fact that the last four years of political, social and economic development of Ukraine in a state of unceasing military aggression, constant shelling of the territory of Ukraine in the Donbass region, leading to the death of Ukrainian citizens, attacks on ships in the Black and Azov Sea adversely affect the entire spectrum of life and activities of Ukraine.

The author stated that in order to create the necessary conditions for the sustainable development of Ukraine the following prerequisites are indispensable: ​​the eradication of the oligarchic clans; overcoming corruption at all levels – “from the bottom to the top”; the creation of a “legal country”; the creation of a “civil society”; transition to “green economy”. Also the author underlined that to solve all the problems without exception in order to create conditions for the sustainable development of Ukraine (paragraph 2), it is necessary to solve the priority task – “create a moral and ethical Ukraine”. This is possible only in the conditions of moral and ethical education of the entire population – “from the cradle” to the “honorable old age”.

References

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Published

2019-06-30

Issue

Section

PROBLEMS OF INTERNATIONAL, NATIONAL AND REGIONAL ECONOMY