Economic Transformation in Poland and Ukraine: National and Regional Perspectives

At the beginning of the 1990s, Poland and Ukraine had similar economic development levels (GDP $9,500 per capita). However, in 2018, Ukrainian GDP per capita remained at the same level since 1991, while Poland's increased significantly to more than $27,000 per capita. This book assesses the reasons for the growing gap and evaluates the effectiveness of system transformations in both countries. It also analyzes the consequences of the 2008-2009 Ukrainian-Russian gas conflict and 2013-2014 Euromaidan events for the Ukrainian economy. The authors offer an insight into migration movements and provide a comprehensive analysis of the spatial diversification of economic development in Poland and Ukraine.

Format: Hardback
Length: 270 pages
Publication date: 08 October 2020
Publisher: Taylor & Francis Ltd

When Poland and Ukraine embarked on political, social, and economic system reforms at the dawn of the 1990s, both economies found themselves at comparable stages of economic development, with GDP per capita hovering around $9,500. However, a significant disparity emerged in their economic fortunes over the years. In 2018, Ukrainian GDP per capita remained stagnant since 1991, while Poland experienced a remarkable increase, reaching more than $27,000 per capita. This book aims to examine the factors contributing to the growing gap between Ukraine and Poland in terms of economic development. It delves into the sequence of events and assesses the efficacy of the system transformations implemented in both countries, considering their impact on the economy as a whole and in individual regions. Additionally, it analyzes the consequences of the 2008-2009 Ukrainian-Russian gas conflict and the 2013-2014 Euromaidan events on the Ukrainian economy. Furthermore, the authors offer valuable insights into recent migration patterns observed in Poland and Ukraine.

This comprehensive comparative analysis is the first of its kind, shedding light on the spatial diversification of economic development in these two countries. The authors highlight the varying degrees of success achieved by these reforms in Poland and Ukraine, emphasizing the factors that have influenced their outcomes. By examining the interrelationships between core macroeconomic variables at the regional level and the impact of political events from both national and regional perspectives, this analysis provides valuable insights into the complex dynamics shaping these two nations' economies.

The book will appeal to a wide range of academics, researchers, policy makers, and individuals interested in the economic and political changes in Poland and Ukraine, as well as in the broader context of EU integration. It offers a valuable resource for those seeking to understand the complexities of these two countries' development paths and the challenges they face in the years to come.

Weight: 590g
Dimension: 162 x 240 x 23 (mm)
ISBN-13: 9780367484934