During the years of independence of Ukraine, real GDP decreased by 35%, which, according to the world Bank, is the worst among the States for the last 24 years, writes economist Serhiy Korablin in publication for Ukrainian Newspapers.

on this indicator, Ukraine is ahead of Moldova (the GDP amounted to 29%), Georgia (15, 4%), Zimbabwe (2, 3%) and Central African Republic (0, 94%).

for the first nine years of independence because of the recession, Ukraine lost almost 60% of GDP, which is twice the depth of the fall of the U.S. economy during the great depression. Review the author, from this crash Ukraine has not recovered. Current situation the analyst describes as " the next slide to the bottom of the economic hole in which country landed almost a quarter of a century ago."

"Actively impose at present the thesis that all the troubles of Ukraine associated with the loss of part of its territories, war and the destruction of the largest industrial region, erroneous," writes the economist.

If this trend continues, by the time of Ukraine's GDP will reach the level of 1990, the country will be on "the margins of the world economy, far behind their present neighbors," says the Creator of the article.

The main reason for the collapse of the economist calls "technological degradation" in which the country was heavily dependent on commodity exports and exchange rate fluctuations of the dollar and the Euro. In these conditions the economic prospects of Ukraine are not very high, the expert said: the country is " increasingly resembles a frail vessel on the surface of the global economy, drifting at the whim of currents and pitching 2 largest megavolt ".

sections: Politics