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Author: | Nicholls, A. |
Title: | If not now, when? |
Journal: | Business Central Europe
1998 : MAR, VOL. 6:49, p. 11-14 |
Index terms: | UKRAINE ECONOMIC CONDITIONS CURRENCY |
Language: | eng |
Abstract: | "Ukraine faces a choice," says Yvgeny Tchernovenko, one of Ukraine's new breed of entrepreneurs, as he sits at a cafe table sipping one of his company's fruit juices. "Either it lives on aid injections and works with unclear laws and a semblance of democracy; or it develops itself and becomes competitive." Some would argue that Ukraine has already chosen. With an economy that has slumped 55% since 1991, workers that haven't been paid for months, and a strategic geographical position, it's the world's third largest recipient of US aid. |
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