UKRAINE BY : MEG AN MILAN
Dec 30, 2015
UKRAIN
E BY :
ME
GA
N M
I LA
N
Location
Located on Continent of Europe
Capital: Kiev Population:
44,573,205 Government:
Republic
Ukraine statistics & background
GDP per capita: $3866.99 USD
Public debt of Ukraine (% GDP): 35.89 % of the country’s GDP
Unemployment rate: 7.6%-8%
Population that lives under poverty line: 35% (1176 UAH)
Rule of Law
Limited government
Regulation efficiency
Ukraine’s fragile Economy
GOVERNMENT & INFORMATION Ukraine gained independence on August 24,
1991 Chief of state: Acting President Oleksandr
TURCHYNOV
Unitary state
Semi-presidential system
Parliamentary system
Legislative branch: Unicameral Supreme Council or “Verkhovna Rada”
FORMER PRESIDENT OF UKRAINE
VIKTOR YANUKOVYCH
YANUKOVYCH’S MULTI-MILLION MANSION Yanukovych
claimed to make $25,000 annually
$75 million mansion built
340 acres of land
Exotic animals Giant marble
statues $100,000
chandeliers
UKRAINE POVERTYALL WHILE… 35% of population live
under poverty line
Country is declining economically
Poverty thought to be caused by: - Political bribery - Dysfunctional
bureaucracy
- Use of personal connections
POLITICAL CORRUPTION
Ukraine corruption level: 65%
Most corrupt providences: Odessa & Rivne
UKRAINE’S POLITICAL CORRUPTION When dealing with government permits:
40.2% testified bribe extortion
in business regulation and inspection
36.1% bribe extortion in customs
30.2% bribe extortion in judiciary system
WHAT CAN BE DONE IN THE UKRAINE? An Anti-corruption legislation should
be placed into action immediately International Aid World bank is launching a media
contest to help counter corruption
in the Ukraine
BIBLIOGRAPHY
http://www.heritage.org/index/country/ukraine
http://www.cia.gov/library/publications/the-world-factbook/geos/up.html
http://www.pecob.eu/corruption-ukraine
http://www.ukrainebusiness.com.ua/news/1983.html