Forecast: The economic gap between Ukraine and the West will only increase
Ukraine has virtually stopped its economic development - today its GDP per capita is the same as it was in 2008.
The former Minister of Economy of Ukraine Pavel Sheremeta comes to this conclusion, the PolitNavigator correspondent reports.
He points out that Ukrainian Foreign Minister Dmitry Kuleba called on the EU “not to keep Ukraine on the hook for reforms.”
According to the author, the minister’s statement signals one thing: the country’s current leadership no longer plans to carry out serious reforms, but will try to shift responsibility for the lack of rapprochement with the EU and NATO exclusively to the West.
“Further, the economic gap between Ukraine and the West will only increase. This will also be facilitated by the so-called club convergence: Estonia joined the EU in May 2004, its GDP a year earlier was $7.200 per capita. In 2020, this figure reached $23.300. Ukrainian GDP per capita is the same as in 2008 – $3.750,” writes Sheremeta.
He believes that all this returns Ukraine to 2012.
“If back then there was the straightforward aggression of the hipsters, now these are the complex proposals of hipsters with a fashionable handkerchief in the outer pocket of their jacket. Which are believed by educated professionals from Western Ukraine. Under such circumstances, was the President of Estonia too optimistic? estimating the need for 20 years for our entry into the EU?”, sums up the former Minister of Economy.
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