An Interim Assessment of Ukrainian Output Developments, 2000-01

Author/Editor:

J. E. J. De Vrijer ; Katrin Elborgh-Woytek ; Julian Berengaut ; Bogdan Lissovolik ; Mark W Lewis

Publication Date:

May 1, 2002

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

After a long period of steep decline which followed the breakup of the Soviet Union, Ukraine's economy rebounded in 2000, and the recovery accelerated in 2001. The paper examines the timing and the nature of the recovery from a number of different perspectives such as the presence of idle but productive capital, the stance of domestic policies, real wage developments, learning, and foreign factors. The final chapter presents tentative conclusions, which point to an eclectic explanation involving a range of factors rather then any single major cause of the recovery, as well as an agenda for further research.

Series:

Working Paper No. 2002/097

Subject:

Export performance Exports Foreign exchange International trade Labor Labor costs Real exchange rates Real wages

English

Publication Date:

May 1, 2002

ISBN/ISSN:

9781451852035/1018-5941

Stock No:

WPIEA0972002

Pages:

48

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