The Political Economy of Independent Ukraine : Captured by the Past

Captured by the Past

By: H. van Zon

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Hardcover | 1 January 2001 | Edition Number 1

At a Glance

Hardcover
252 Pages

Dimensions(cm)
21.59 x 13.79 x 1.6

Hardcover

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The Political Economy of Independent Ukraine analyses the reasons for the abysmal economic performance of Ukraine during the 1990s. The main thesis is that economic development was blocked by a set of parasitic mechanisms at all levels of the economy that prevented the development of value-added economic activities. These parasitic mechanisms already developed under Soviet rule ('beating the system' by redistributing goods and services while disregarding formal rules) became a widespread practice.

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