Ukraine: A market for innovation and growth

Abstract

The high economic growth of Ukraine that started in 2000, interrupted in 2005, but returned in 2006, helped Ukraine stay in the group of countries experiencing booming markets. GDP growth reached about 7% in 2006-07, fueled by high global prices for steel - Ukraine's top export.
The success is despite the fact that the level of corporate governance at Ukrainian enterprises, is still quite far from that in developed countries, that Ukraine is still far from finishing major economic reforms and that many companies are yet to make their initial public offerings (IPOs)—all of which creates good potential for further growth.
Ukraine is rich on resources like oil and gas, despite being a net importer of energy. Ukraine's oil and gas reserves are estimated at the level of 2,3 billion barrels of oil equivalent, with natural gas contributing 87% of the total. Agriculture and heavy industry are important sectors but many other industries are developing rapidly. But where are the biggest opportunities and where are the pitfalls?

Format: Workshop
Day: 2008-05-07
Time: 14:00 - 15:15
Place: Rektangelsalen

Speakers