Development of the Ukrainian domestic market is hampered by limitations in business, wage freeze, lack of investment, and high interest rates. This was stated by Director of Economic Programmes of the Razumkov Centre Vasyl Yurchyshyn, informs the magazine Tyzhden’.
According to him, currently there are no factors at the expense of which the economy – and thus, export-oriented industries – could develop.
Mr Yurchyshyn believes that to strengthen export competitiveness, the model of Ukrainian economy should be changed. “Ukrainian exports are mainly semiraw – metals, chemicals, grain, i.e. goods with low process and added value. For process industries to start operating, we …read more
Source: Razumkov Centre