Archive 2009

• Recovery will be slow

  07.10.2009
  Free

  GDP: The Institute downgraded the forecast of real GDP development. The real GDP is forecasted to contract by 15.0% in 2009. It will grow by 3.4% in 2010.

  Issue:  No.10 (26) October 2009 - quarterly issue
  Forecasting period:  years 2009 and 2010
  Forecast end:  from October 28, 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 expected to decline by 13.4% in 2009 and grow by 5.2% in 2010.
  Reviewer:  Veronika Movchan
  Attached file  (219.8 kb)
  Authors:  Furmanets Kateryna, Naumenko Dmytro, Kobylyanska Alla, Betliy Oleksandra, Kravchuk Vitaliy
  Tags:  Center of economic research, Macroeconomic prognosis
  Research spheres:  Macroeconomics