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Skip Navigation LinksHome :: Back Issues :: Ukraine: A year of living dangerously

January 1999

Ukraine: A year of living dangerously

by Jack Dyson

Ukraine is at the cross-roads. Too limited reform has left it on the brink of default, opposition parties demanding a return to central planning. Either the country embraces market economics, and wins IMF support, or it rejects them, and invites economic collapse. Reunion with Russia might then be the only option.


Ukraine was once known as the 'breadbasket of the Soviet Union'. Of the countries that made up the old Soviet Union it ranked second only to Russia in terms of industrial output. ...


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