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Ukraine

Ukraine. by: Megan Milan. Location. Located on Continent of Europe. Ukraine statistics & background . GDP per capita : $3866.99 USD Public debt of Ukraine (% GDP) : 35.89 % of the country’s GDP Unemployment rate : 7.6%-8% Population that lives under

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Ukraine

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  1. Ukraine by: Megan Milan

  2. Location • Located on Continent of Europe

  3. Ukraine statistics & background • GDP per capita: $3866.99 USD • Public debt of Ukraine (% GDP): • 35.89 % of the country’s GDP • Unemployment rate: 7.6%-8% • Population that lives under • poverty line: 35% (1176 UAH) • Capital: Kiev • Population: 44,573,205 • Government: Republic

  4. Ukraine’s fragile Economy • Rule of Law • Limited government • Regulation efficiency

  5. Government & information • Ukraine gained independence on August 24, 1991 • Chief of state: Acting President Oleksandr TURCHYNOV • Unitary state • Semi-presidential system • Parliamentary system • Legislative branch: Unicameral Supreme Council or “VerkhovnaRada”

  6. Former president of Ukraine VIKTOR YANUKOVYCH

  7. Yanukovych’s Multi-Million Mansion • Yanukovych claimed to make $25,000 annually • $75 million mansion built • 340 acres of land • Exotic animals • Giant marble statues • $100,000 chandeliers

  8. Ukraine Poverty • ALL WHILE… • 35% of population live under poverty line • Country is declining economically • Poverty thought to be • caused by: • - Political bribery • Dysfunctional bureaucracy • Use of personal connections

  9. Political corruption • Ukraine corruption level: 65% • Most corrupt providences: Odessa & Rivne

  10. Ukraine’s Political corruption • When dealing with government permits: • 40.2% testified bribe extortion • in business regulation and inspection • 36.1% bribe extortion in customs • 30.2% bribe extortion in judiciary system

  11. What can be done in the Ukraine? • An Anti-corruption legislation should • be placed into action immediately • International Aid • World bank is launching a media • contest to help counter corruption • in the Ukraine

  12. Bibliography • http://www.heritage.org/index/country/ukraine • http://www.cia.gov/library/publications/the-world-factbook/geos/up.html • http://www.pecob.eu/corruption-ukraine • http://www.ukrainebusiness.com.ua/news/1983.html

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