Recent Financial Crises - US-Ukraine Business Council

W H E R E O P P O R T U N I T I E S E M E R G E. But some “soft” indicators of “Business Environment” show a different ...
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Regional Differences in Doing Business In Ukraine Dr. Edilberto Segura Partner and Chief Economist, SigmaBleyzer President of the Board, The Bleyzer Foundation

June 2013 1 W

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Regions of Ukraine North Population* GDP per capita, $ Real GDP growth**

West Population* GDP per capita, $ Real GDP growth**

10.7

2200

The West and East have equal populations.

8.0

5400 04-07 08-09 10-11

But they differ significantly in GDP per capita and economic growth.

11.0 -5.8 3.0

04-07 08-09 10-11

Center

5.7 -5.1 4.7 Population* GDP per capita, $ Real GDP growth**

8.7

GDP per capita of the Eastern region is almost twice as much as in the Western region.

3900 04-07 08-09 10-11

7.7 -7.1

5.2

East South Population* 7.0 GDP per 2800 capita, $ Real GDP 04-07 08-09 10-11 growth** 5.5 -0.6 2.8

Population*

11.2

GDP per capita, $

3900

Real GDP growth**

04-07 08-09 10-11

6.2 -8.8

7.3

Also, the Eastern region grew much faster during 200407 and 2010-11 than Western one. But it also suffered more during the crisis of 2008-09.

Source: State Statistical Service of Ukraine, Wikipedia, The Bleyzer Foundation * As of end-2011, million W

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Regional Shares in Sector Value-Added 100

100

West

25 80

29

West North 60

Center

16

South East

100

13

100

15

West

38

Center

15

40

40

11

South

22

36

16

Center

19

South

Center

15 40

9

20

South

30

East

East

0

0

North

60

18

East

East

9

North

20

20

19

West

60

60

South

80

32

North

16

West

80

80

Center

Construction and Real Estate

Industry

100

North

0

0

Agriculture

31

20

39

East

0

West

15

40

South 20

19 80

8

40

16

20

60

Center

26

40

80

13

North

17 60

100

10

0

Transp'n/Com'n Finance Trade Source: State Statistical Service of Ukraine, The Bleyzer Foundation W

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All regions of Ukraine are suited for agriculture. However, the Central and We