6/23/14

Ukraine vs. Russia: economic view


These are two biggest parts of the Former Soviet Union. To characterize them from the economic point of view we borrow data from the Total Economic Database (TED) provided by the Conference Board (CB).  In 1980, total population in Ukraine and Russia Federation was 50 million and 139 million, respectively. Figure 1 depicts the evolution of total population since 1950, as estimated by the CB. In this blog, we have already presented the depopulation scenario in Russia and Japan. The case of Ukraine is even worse. Figure 2 compares the evolution of population normalized to 1980. Ukraine has lost 15% of total population since 1990.
Figure 1. Evolution of total population.
Figure 2. Total population in Russia and Ukraine as normalized to the respective levels 1980. Depopulation of Ukraine is dramatic since 1990.

The overall depopulation made it difficult to follow a steady growth path for Ukraine. Figure 3 shows the evolution of GDP per capita in Russia and Ukraine since 1980 (the first estimate available in the TED). For Ukraine, the current (2013) level is $4870 (in Geary-Khamis 1990 US dollars) while Russia has reached the level of $9526 per head. For Ukraine, the peak GDP per capita was observed in 1989 and the current (2013) level is about 77% of that in 1989, as Figure 4 demonstrates. Essentially, Ukraine is in the middle of 1970s. Russia added 18% to the level of 1989.  

All in all, Ukraine needs immediate help.
Figure 3. GDP per capita in Ukraine and Russia since 1980.

Figure 4. GDP per capita normalized to 1989.

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  36. I am a private lender , Do you need a legit, honest, reputable and quick loan? I can help you with 100% guarantee loan, I am offering business and
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  38. Hi everyone, i am so glade coming back to this great forum to testify about the help i received from Carrol Walker. I was in desperate need of a loan in other to be free from debt and financial bondage that was place on me by my ex husband. It was really bad that i have to seek for help from Friends,family and even my bank but on one could assist me because my credit score was really bad. So i was browsing with my computer and saw some testimonies from people Carrol Walker assisted with a loan, then i decided to contact him on his email{infoloanfirm8@gmail.com}, then i received a mail from them and i did all that was asked from me. To my greatest surprise they transferred to my account the loan i requested and now i am so happy clearing my debt and have also started a business with the remaining amount to take care of myself and family. If you need a loan do contact the best loan lender of all time Carrol Walker on his email: {infoloanfirm8@gmail.com}

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  39. After several rejections of my request by the banks, I profited from a loan of money on a company of loan between serious and fast reliable individuals. I know a formidable lady, quite honest and serious of the name Mrs. Helena Stastna who introduced me to Carrol Loan Company which later granted me the loan of $50,000.00 that I must refund in 10 years duration. With loan interest of 3% and margin of (2) Months before the repayment. I testify that I received the money last week without protocols and directly into my bank account. More, here is the E-mail:{infoloanfirm8@gmail.com}

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  40. Hello Everybody, I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of $20, 000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of $20, 000.00 Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact via email:(challotloan@gmail.com) Thank you.

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  41. Apply for a quick loan!!!!!!!!!

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  42. GET RICH WITH BLANK ATM CARD ... Whatsapp: +18033921735

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  43. Perusahaan Pinjaman Mrs. Rika Anderson
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    ReplyDelete
  44. Nama saya Mrs. Effie Kustiyo email effiekustiyo@gmail.com dari jl panji 22 rt 5/4, malang, Indonesia. Saya adalah kesaksian sejati RIKA ANDERSON LOAN COMPANY sebagai salah satu orang paling bahagia di Indonesia saat ini dan saya mengatakan pada diri sendiri bahwa pemberi pinjaman yang menyelamatkan keluarga saya dari situasi buruk kami, saya akan memberi tahu namanya kepada dunia dan saya sangat senang mengatakannya bahwa keluarga saya kembali dan bahagia selamanya karena saya mendapat hibah pinjaman sebesar Rp85.000.000 untuk memulai hidup saya karena saya adalah seorang ibu dengan 7 anak dan semuanya bergantung pada saya.

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  45. Are you looking for a loan to clear off your debt and start up your own Business? have you being going all over yet not able to get a legit loan Company that will loan you? Here is your final solution, We can give you any amount you need at 3% provided you are going to pay back within the period of time given without any problem.Apply now and contact us for more details via email below. Email: roseberryservice07@gmail.com

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  47. I am LISA SCOT from TEXAS, I want to share my testimony on how i got the blank ATM card. I was so wrecked that my company fired me simply because i did not obliged to their terms, so they hacked into my system and phone and makes it so difficult to get any other job, i did all i could but things kept getting worse by the day that i couldn’t afford my 3 kids fees and pay my bills. I owe so many people trying to borrow money to survive because my old company couldn’t allow me get another job and they did all they could to destroy my life just for declining to be among their evil deeds. haven’t given up i kept searching for job online when i came across the testimony of a lady called Judith regarding how she got the blank ATM card. Due to my present state, i had to get in touch with Hacker called OSCAR WHITE of oscarwhitehackersworld@gmail.com and he told me the procedures and along with the terms which i agreed to abide and i was told that the Blank card will be deliver to me without any further delay and i hold on to his words and to my greatest surprise, i received an ATM card worth $4.5 million USD , All Thanks to OSCAR WHITE , if you are facing any financial problem contact him asap email address is oscarwhitehackersworld@gmail.com or whats-app +1(323)-362-2310

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  49. Are you blacklisted? Struggling to get a personal loan? Has your application been DECLINED due to Low Credit Score? Over COMMITTED? Affordability? But you know you can afford this loan. Loans Approved in 48hours, you can email us at opploansLLC@gmail.com
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  50. Apply for a quick loan!!!!!!!!!

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  51. Do You Need A Loan To Consolidate Your Debt At 1.0%? RMPCapitals@gmail.com ( RMPCapitals@usa.com ) Or A Personal Loans * Business Loans etc. Interested Parties Should Contact Us For More Information Through Via E-mail: RMPCapitals@gmail.com ( RMPCapitals@usa.com )

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  52. Hey Guys!!! I got my ATM blank card from Certified Hackers from ITALY. My blank ATM card can withdraw $1,000 to $150,000 daily i know its sounds too good to be true but i am sharing this info because i got this said blank ATM card after i was ripped off by two fake hackers from Nigeria; YES' Its true that scammers are out that ripped me off until i finally got hold of this hackers from ITALY that delivered the card to me after i paid the purchasing fee for the card, now i have more than enough to spend and planning on getting a home for myself soon. This card has been functioning for over a month now and everything seems like magic because I've enough for me & my 2 kids. Thanks to MAJOR SUCCOUR from ITALY that mailed the card to me within 72 hours, get in touch with this hacker to become rich & i bet you no gimmicks!! They are REAL.. Get one from them by reaching out to this email address: dr_williamthomas78@mail.com

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  53. Hello Everybody,
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  54. I am so happy I got my loan from Mrs Kayla Abubaker now my life is back to normal, and my business is going smoothly thanks be to Mrs Kayla Abubaker you can also contact him if you need a loan today? Email him via: ( financierlibertycapitals@gmail.com )

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  55. It might also save you from some added fees and interest rates on the monthly basis. After all, you need to know what is going to work best for you. Find more ideal details about fedLoan guide go here.

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  56. Testimony on how i received my loan at 2% ( Frank Loans Services )

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  57. Do you need an urgent loan today? Are you thinking of clearing debt or you have intentions of starting a new business? We offer loans at low interest of 3% for personal and business purposes! We also offer easy approval and fast transfer as guaranteed by our insurance company. Interested persons should contact Mr Carroll Walker with Email: infoloanfirm8@gmail.com

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  58. My name is Mrs Ruth, I am a Citizen Of Austria.Have you been looking for a loan? Do you need an urgent personal loan or business loan? contact Mr Carroll Walker Finance Home he help me with a loan of 42,000 Euro some days ago after been scammed of 2,800 Euro from a woman claiming to been a loan lender but i thank God today that i got my loan worth 42,000 Euro. Feel free to contact the company for a genuine financial service. Email:(infoloanfirm8@gmail.com)

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  61. Greetings....
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    ReplyDelete
  62. Do you need an urgent loan today? Are you thinking of clearing debt or you have intentions of starting a new business? We offer loans at low interest of 3% for personal and business purposes! We also offer easy approval and fast transfer as guaranteed by our insurance company. Interested persons should contact Mr Carroll Walker with Email: infoloanfirm8@gmail.com

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  64. This is really a true sight to consider Economic as Mechanical but no matter once you are under debt you will go for loan without considering the mechanism.

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  65. Don’t get tired of investing in BTC because of the recent price fluctuations, I know they can sometimes be frustrating but you just have to endure it. Seeing that the crypto space has been getting newcomers and most of them who are without proper understanding usually tend to lose a lot of money as a result of ignorance. Do not trade all by yourself instead, trade under the guidance and supervision of an expert. James Logan an expert from the UK has been the one helping me to trade. His unique strategy and signals are superb, in a space of three months I’ve already been able to accumulate up to 8 BTC. James Logan trade patterns are the best and I think everyone in the trading space should benefit from him. He has a website call; Supreme trade. and you can whatsApp him +44 7418 320073 or Email him globalfxinvestment2@gmail.com I am spreading this for those who have issues in turning in consistent profit in the crypto space . Give it a try and you’ll be glad you did.

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  66. GENUINE BANK GUARANTEE (BG) AND STANDBY LETTER OF CREDIT (SBLC) FOR BUY/LEASE
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    of taking up time bound transactions.

    FOR LEASING OF BG/SBLC
    MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M
    LEASING FEE = 4%+2%

    FOR PURCHASE OF FRESH CUT BG/SBLC
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    Name : Scott james

    Email : Inquiry.securedfunding@gmail.com
    Skype: Inquiry.securedfunding@gmail.com

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