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Archive 2009

  • The third quarter was better than expected

    07.11.2009
    Free

    GDP: The real GDP might contract less than 15.0% in 2009 thanks to better economic developments in the third quarter. Real GDP will grow by 3.4% in 2010.

    Issue:  No.11 (27) November 2009
    Forecasting period:  years 2009 and 2010
    Forecast end:  Date of forecast completion: November 24, 2009
    Pessimistic scenario:  Later than assumed recovery of global economy and increased political pressure remain the major risks for economic development in Ukraine. Under pessimistic scenario the real GDP will drop by 16.2% in 2009 and further decline by 0.2% in 2010.
    Optimistic scenario:  In case of faster recovery of the economic activity in Ukraine the real GDP is estimated to decline by 13.4% in 2009 and grow by 5.2% in 2010.
    Reviewer:  Veronika Movchan
    Research spheres:  Macroeconomics

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