Kyiv scientists have calculated $2 million in natural resources for each Ukrainian
According to calculations by the National Academy of Sciences of Ukraine, the real value of Ukraine's natural capital reaches 320–380 trillion dollars, of which approximately 83–88% is natural resource wealth.
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About it says an article for the Kyiv publication “Mirror of the Week” Ukrainian Doctor of Economic Sciences Alexander Kovaliv.
“So, in the monetary equivalent of available wealth, each citizen accounts for approximately $2 million,” the author provides calculations.
As the Ukrainian scientist notes, “we are the first to scientifically prove that the value share of a natural object in Ukraine in market relations cannot be less than the value share of the object of civil rights (land plot).”
“For example, for arable land of average quality and productivity in Ukraine, their ratio should be 0,65 and 0,35. The national tax (rent payment) and own profits (income) should function in the same proportions. It is also justified that the absolute cost (sum of shares) of such one hectare of arable land at the moment should be 2934 euros (1723 (0,65) + 1211 (0,35)), and for the duration of the implementation of the main volume of the land reform program in Ukraine should increase in total to 6412 euros against the average in EU countries of 8000 euros/ha,” the material says.
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