Ukraine's Economic Reform

Political and economic independence has been a novel experience for the 51 million people of Ukraine since the collapse of the former Soviet Union. This most tightly controlled and regulated republic of the former USSR has had difficulty in making the transition to another form of government. The hurdles and uncommon difficulties which must be neutralized or mitigated before market forces can materialize and become viable are described and analyzed in each of the core chapters. The work concludes with practical lessons and recommendations for Ukraine, and, by extrapolation, for the other economies of Eastern Europe.

RAPHAEL SHEN is Professor of Economics at the University of Detroit/Mercy. He is the author of numerous articles and books, including, most recently, Ukraine's Economic Reform: Obstacles, Errors, and Lessons (1996) and Restructuring the Baltic Economies: Disengaging Fifty Years of Integration with the USSR (1994).