wiiw Current Analyses and Forecasts
Ukraine: Ample global liquidity helps maintain fragile status quo
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in: Animal Spirits still Dimmed: Slow Recovery Expected
wiiw Current Analyses and Forecasts No. 12, July 2013 , pp. 135-138
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In Ukraine improved access to global capital markets has markedly reduced devaluation pressures and secured financial stability without any need for a new IMF package. However, the economy is expected to come close to stagnation in 2013, although external imbalances are likely to improve somewhat on account of the newly introduced policies relating to protectionism and the energy sector. In the medium term, a return to economic growth hinges on the extent of recovery in the global metals markets and on growth performance improving in neighbouring Russia.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Ukraine