Page not found Forex trading jobs in pakistan state requested page could not be found. Page not found The requested page could not be found. All values, unless otherwise stated, are in US dollars. The economy of Ukraine is an emerging free market.
The depression during the 1990s included hyperinflation and a fall in economic output to less than half of the GDP of the preceding Ukrainian SSR. GDP growth was recorded for the first time in 2000, and continued for eight years. The nation has many of the components of a major European economy – rich farmlands, a well-developed industrial base, highly trained labour, and a good education system. On 24 August 1991 Ukraine established its independence from the Soviet Union. Its economy suffered huge output declines and soaring inflation the following years.
Deep recession during the 1990s led to a relatively high poverty rate, but beginning in 2001, as a result seven of straight years of economic growth, the standard of living for most citizens increased. World Bank report, 2007 notes: “Ukraine recorded one of the sharpest declines in poverty of any transition economy in recent years. Ukraine stabilised by the early 2000s. Ukraine suffered from a drought in capital flows. The Ukrainian economy recovered in the first quarter of 2010.