The 2019 Economic Freedom Report by The Heritage Foundation shows that the world seems to be at a crossroads — it may continue on the path of economic freedom or it may return to hindered growth and development.
2019 budget is supposed to ensure the growth of Ukrainian economy, but economists are presenting conflicting opinions and raise several doubts.
According to the experts, the mass privatization of state-owned enterprises that has been launched in Ukraine, will not fulfill the hopes for a revival of the Ukrainian economy. Meanwhile, such a revival is badly needed.
In June 2018, the Ukrainian parliament adopted the Law on Currency and Currency Operations, which was described in Ukraine as a system for the "visa-free" movement of capital.
French poultry group LDC and Ukrainian group MHP were in a battle to take over the Slovenian company Perutnina Ptuj, one of the leading Slovenian poultry producers. Finally, Ukrainians were the winners.
The Ukrainian central bank announced the launch of a pilot project of the electronic hryvnia (eUAH). Unfortunately, the idea was discredited by scammers before the tests began.
After a few relatively good years, Ukraine is again getting into difficulties with the balance of payments. Economists believe that the deficit is a worrying sign indicating the beginning of a cycle of capital outflow.
The Ukrainian trade deficit is growing and the country is not able to break its economic dependence on Russia, despite the association agreement with the European Union (EU).
The experts from the Economist Intelligence Unit are pointing out that the population of Central and Southeast Europe will decrease by nearly 34 million people over the next 33 years.
One of the biggest medium-term risks for Ukraine's economy is emigration, especially in the conditions of low growth of labor productivity.