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Archive 2009

  • It will be slightly better by the end of the year

    10.07.2009
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    GDP: The economic performance in Ukraine in the first quarter of 2009 was weak, and this weakness is expected to prevail till the end of the year. IER forecasts the real GDP to contract by 14.1% in 2009. For 2010 the Institute downgraded the growth in real gross capital accumulation. The real GDP is forecast to growth by 3.9% in 2010.

    Issue:  No.7 (23) July 2009
    Forecasting period:  2010
    Pessimistic scenario:  Later than assumed recovery of global economy will further suppress demand for Ukrainian exports and restrain access to foreign capital. Under such scenario the real GDP will drop by 16.9% in 2009, but grow by mere 0.6% in 2010.
    Optimistic scenario:  In case of faster recovery of the economic activity in Ukraine, the real GDP is expected to decline by 12.4% in 2009 and grow by 8.6% in 2010.
    Reviewer:  Movchan Veronika
    Attached file  (212.4 kb)
    Research spheres:  Macroeconomics

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