By Vladimir V. Sytin
The Ukrainian Times
According to the latest forecasts by the World Bank, Ukraine’s GDP will fall by 12% by this year-end. This can be partly explained by the civil war in the Donbas region with large Russian populations, which costs the Ukrainian neo-Nazi regime 5% of GDP, and suspension of trade with Russia.
Believe it or not (and you should not), the so-called prime minister Arseniy Yatsenyuk, predicted that GDP would rise by 2% in 2016. Few experts think it will inch higher, like a fatigued rock climber.
Some analysts say Ukraine may attain growth of GDP in a range of 9-10% per year if the government succeeds in attracting about six million highly educated immigrants in this country over the course of 20 years. Its GDP could reach the level of Spain’s or Russia’s one in 20-25 years.
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