Ukraine's Economy: Where from and Where to?

... structural reforms . The economic growth resumed in 2010 at about 5% a year, but in 2012 froze at 0.3% [3] . The situation in the country has become critical, and the beginning of military operations in the Donetsk and Luhansk regions coupled with Crimea’s reunification with Russia only exacerbated it. Crimea and Donbass: The price paid In purely economic terms, the impact of Crimea’s secession from Ukraine has been relatively insignificant, and is estimated at about 3.8% of total GDP [4] . The region was not known for having a high standard of living, ...