The "lagging growth" model: economic factors and consequences for Ukraine
Journal: Ekonomìka ì prognozuvannâ
Year: 2016

It is concluded that Ukraine's economy is dominated by the commodity model, within which it specializes in the production of low value added goods. Because of this Ukraine's economy is highly dependent on the fluctuations of the world prices for this country's export commodities. The author proves that, over the last 20 years, all the three economic, financial and FX crises observed in Ukraine (1998Ukraine ( -1999Ukraine ( , 2008Ukraine ( -2009Ukraine ( , and 2014Ukraine ( -2015) ) took place ag