Trajectory of Socio-economic Development of Ukraine in 1991–2021 from a World-system Perspective
DOI:
https://doi.org/10.1285/i20398573v11n1p289Keywords:
World-system analysis, Global studies, International political economy, Historical sociologyAbstract
The Ukrainian trajectory of socio-economic development has so far been looked at through different regional lenses. This paper proposes a more global interpretation, from the theoretical perspective of world systems. It will trace the trajectory of the Ukrainian economic position since the fall of the Soviet Union, in particular with regard to industrial position, market integration, and social implications. The decline in technological competitiveness and the social and demographic crisis are highlighted as underlying constraints that Ukraine faces today. It will conclude with some remarks on the relevance of global and historical world-system approach to understand the Ukraine’s socio-economic development trajectory.References
Aboli, L. (2022, May 27). Three large American multinationals bought 17 million hectares of Ukrainian agricultural land. Australian National Review. https://www.australiannationalreview.com/lifestyle/three-large-american-multinationals-bought-17-million-hectares-of-ukrainian-agricultural-land/
Acemoglu, D., & Robinson, J. A. (2012). Why nations fail: The origins of power, prosperity and poverty. Crown Business.
Amosha, A. I., Bryuhoveckaya, N. E., & Buleev, I. P. (2021). O vosstanovlenii vedushchej roli mashinostroeniya v postroenii novoj ekonomiki Ukrainy. Ekonomіchnij vіsnik Donbasu, 2(64), 94-107. https://doi.org/10.12958/1817-3772-2021-2(64)-94-107
Arrighi, G., & Drangel, J. (1986). The stratification of the world-economy: An exploration of the semiperipheral zone. Review (Fernand Braudel Center), 10(1), 9-74.
Arrighi, G., Silver, B. J., & Brewer, B. D. (2003). Industrial convergence, globalization, and the persistence of the North–South divide. Studies in Comparative International Development, 38(1), 3-31.
Babenko, M. (2018, January 3). Oligarhonomika. Pyaterke bogatejshih ukraincev prinadlezhit ekvivalent 7% ot VVP. Focus. https://focus.ua/economics/388361
Babones, S. (2005). The country-level income structure of the world-economy. Journal of World-Systems Research, 11(1), 29-55.
Baranovskyi, O., & Sidenko, V. (2004). Problemy vlasnosti ta lehalizatsii kapitaliv i dokhodiv v Ukraini. Natsionalna bezpeka i oborona, 2, 2-13.
Bohle, D. (2018). European integration, capitalist diversity and crises trajectories on Europe’s eastern periphery. New Political Economy, 23(2), 239-253. https://doi.org/10.1080/13563467.2017.1370445
Bohle, D., & Greskovits, B. (2012). Capitalist diversity on Europe’s periphery. Cornell University Press.
Bohle, D., & Greskovits, B. (2018). Politicising embedded neoliberalism: Continuity and change in Hungary’s development model. West European Politics, 42(5), 1069-1083. https://doi.org/10.1080/01402382.2018.1511958
Celada, L. (2022). The truth about corporations taking over Ukrainian agricultural lands. Il Manifesto Global Edition. https://global.ilmanifesto.it/the-truth-about-corporations-taking-over-ukrainian-agricultural-lands/
Chasovskij, V. (2013). Promyshlennost’ stran SNG v usloviyah tranzitivnoj ehkonomiki. Izvestiya RAN, 5, 41-50.
Dynamika platizhnoho balansu Ukrainy. (2021). Minfin Index. https://index.minfin.com.ua/ua/economy/balance/2021/
Gereffi, G. (2018). Global value chains and development: Redefining the contours of 21st century capitalism. Cambridge University Press.
Gilman, N. (2003). Mandarins of the future: Modernization theory in Cold War America. Johns Hopkins University Press.
Gladun, O. M. (Ed.). (2020). Naselennya Ukraini. Demografіchnі tendencії v Ukraїnі u 2002–2019 rr. Kyiv: Іnstitut demografії ta socіal’nih doslіdzhen’ іmenі M.V. Ptuhi NAN Ukraini.
Global Financial Integrity. (2015). Illicit financial flows from developing countries: 2004–2013. https://gfintegrity.org/wp-content/uploads/2015/12/IFF-Update_2015-Final-1.pdf
Grigor’ev, L., Agibalov, S., & Salikhov, M. (2009). Ukraina: Razdvoenie transformacii. Voprosy ehkonomiki, 3, 125-142.
Gross external debt of Ukraine. (2021). Minfin Index. https://index.minfin.com.ua/economy/foreigndebt/
Gubanov, S. (2012). Derzhavnyj proryv. Neoindustrializaciya Rossii i vertikal’naya integratsiya. Moskva: Knizhnyj mir.
Guzhva, І. Yu., & Goncharenko, K. O. (2020). Promislovіst’ Ukraїni: Suchasnі tendencії ta faktori rozvitku. Formuvannya Rinkovikh Vіdnosin, 1(224), 18-24.
Interfax. (2014, January 28). Medvedev ocenil pomoshch’ Ukraine v 250 mlrd dollarov. https://www.interfax.ru/russia/373117
International Monetary Fund (IMF). (2021). Ukraine: First review under the stand-by arrangement...https://www.imf.org/en/Publications/CR/Issues/2021/11/23/Ukraine-First-Review-Under-the-Stand-By-Arrangement-Requests-for-Extension-and-Rephasing-of-509855
International Monetary Fund Datamapper. (2024). Population – Ukraine. https://www.imf.org/external/datamapper/LP@WEO/UKR/RUS
International Monetary Fund. (2023, October). World Economic Outlook Database. https://www.imf.org/en/Publications/WEO/weo-database/2023/October
Karatasli, S., & Kumral, S. (2018). Great convergence or the third great divergence? In R. P. Korzeniewicz (Ed.), The world-systems as unit of analysis: Past contributions and future advances (pp. 23-50). Routledge.
Katasonov, V. Yu. (2014). Ukraina. Ekonomika smuty, ili dengi na krovi. Knizhnyj mir.
Kindzerskij, Yu. V. (2016). Ukraina: Oligarkhicheskaya lovushka razvitiya v kontekste institucional’nykh transformacij. Belorusskij Ekonomicheskij Zhurnal, 4, 17-36.
Kindzerskij, Yu. V. (2017). Deindustrializaciya i ee determinanty v mire i Ukraine. Ekonomika Ukrainy, 11, 49-72.
Kolodko, G. W. (2001). Globalization and catching-up: From recession to growth in transition economies. Communist and Post-Communist Studies, 34(3), 279-322. https://doi.org/10.1016/S0967-067X(01)00010-1
Kravchuk, R. S. (2002). Ukrainian political economy: The first ten years. Palgrave Macmillan.
Krugman, P. (2008). The return of depression economics and the crisis of 2008. W. W. Norton & Company.
Libanova, E. M. (Ed.). (2012). Nerіvnіst’ v Ukraїnі: Masshtabi ta mozhlivostі vplivu. Kyiv: Іnstitut demografії ta socіal’nikh doslіdzhen’ іmenі M.V. Ptuhi, NAN Ukraїni.
Lon’, D. S., & Ol’vіns’ka, Yu. O. (2016). Porіvnyal’nij analіz dohodіv naselennya Ukraїni ta deyakikh kraїn svіtu. Statistika – іnstrument socіal’no-ekonomіchnikh doslіdzhen’, 2, 196-204.
Madariaga, A., & Palestini, S. (Eds.). (2021). Dependent capitalisms in contemporary Latin America and Europe: Situations and mechanisms of dependency. Palgrave Macmillan.
Magnin, E., & Nenovsky, N. (2022). Diversity of capitalism in Central and Eastern Europe: Dependent economies and monetary regimes. Palgrave Macmillan.
Marchuk, L. S. (2020). Doslіdzhennya ta analіz svіtovikh ta vіtchiznyanikh faktorіv rozvitku intelektual’nogo potencіalu pіdpriemstv mashinobudіvnoi galuzі. Derzhava ta Regіoni. Ser.: Ekonomіka ta Pіdpriєmnictvo, 1(112), 59-66. https://doi.org/10.32840/1814-1161/2020-1-10
Meardi, G. (2012). Social failures of EU enlargement: A case of workers voting with their feet. Routledge.
Melnyk, A. O. (2014). Svitovi ekonomichni kryzy v ekonomitsi Ukrainy ta yikh naslidky. Visnyk Mykolaivskoho Natsionalnoho Universytetu “Globalni ta Natsionalni Problemy Ekonomiky”, 2, 108-113.
Milovanov, T. (2020, February 17). Milovanov pokazal, kak “proeli” ukrainskuyu ekonomiku za 30 let. Ekonomichna Pravda. https://www.epravda.com.ua/rus/news/2020/02/17/657125/
Mіnіsterstvo rozvitku ekonomіki, torgіvlі ta sіl’s’kogo gospodarstva Ukraїni. (2019). Eksportna strategіya dlya sektoru mashinobuduvannya 2019–2023 roki. https://www.me.gov.ua/Documents/Detail?lang=uk-UA&id=a9402926-e5ad-4c8d-9af3-91efaa797ffe
Nacіonal’na ekonomіchna strategіya na perіod do 2030 roku. (2021). Kabinet Ministriv Ukraїni. https://www.kmu.gov.ua/npas/pro-zatverdzhennya-nacionalnoyi-eko-a179
NBU. (2022). Estimation of round tripping transactions for 2010–2021. https://bank.gov.ua/admin_uploads/article/FDI_round_tripping_pr_eng_2022-03-31.pdf?v=4
NISD. (2021). Trydtsiat rokiv nezalezhnosti Ukrainy: Sotsialno-ekonomichni pidsumky ta stratehichni vizii maibutnoho (Ya. A. Zhalilo, Ya. B. Bazyliuk, O. O. Kolomiiets et al., Eds.). Kyiv: NISD.
Noman, O. (1999). In the former Eastern Bloc: A hazardous transition. The UNESCO Courier, March, 30-31.
Ohinok, S. V., & Buriak, Yu. O. (2023). Vplyv svitovykh ekonomichnykh kryz na dobrobut Ukrainy. Ekonomichnyi Prostir, 185, 11-16.
Okunev, Yu. (2021). Iz Ukrainy za 10 let vyveli 116 mlrd dollarov. Mozhno li posle etogo ispol’zovat’ ofshor na Ukraine? International Wealth. https://internationalwealth.info/offshore-wisdom/in-10-years-from-ukraine-moved-116-b-dollars-is-it-still-possible-to-use-offshores-in-ukraine/
Opublikovan rejting 100 bogatejshih ukraincev: lidery poteryali, no ne pomenyalis’. (2019, November 1). Ekonomichna Pravda. https://www.epravda.com.ua/rus/news/2019/11/1/653233/
Orlenko, O. M., & Onishchuk, V. S. (2021). Osoblyvostі suchasnogo stanu innovacіjnoї dіyal’nostі v Ukraїnі. Naukovij Vіsnik Odes’kogo Natsіonal’nogo Ekonomіchnogo Unіversitetu, 9–10, 139-146. https://doi.org/10.32680/2409-9260-2021-9-10-286-287-139-146
Ostapyuk, B. Ya., Grunik, I. S., Legen’kij, M. I., & Legen’kij, Yu. I. (2018). Osoblyvostі rozvitku promislovostі Ukraїni v suchasnikh umovakh. Vіsnik Ekonomіki Transportu і Promislovostі, 62, 45-52. https://doi.org/10.18664/338.47:338.45.v%vi%i.133529
Panchenko, I., & Panchenko, O. (2022). Makroekonomika. Kyiv: Znannya.
Pirani, S., Stern, J., & Yafimava, K. (2009). The Russo-Ukrainian gas dispute of January 2009: A comprehensive assessment. The Oxford Institute for Energy Studies. https://www.oxfordenergy.org/wpcms/wp-content/uploads/2010/11/NG27-TheRussoUkrainianGasDisputeofJanuary2009AComprehensiveAssessment-JonathanSternSimonPiraniKatjaYafimava-2009.pdf
Piskun, O. O. (2019). Transformacіynі procesi v mashinobuduvannі Ukraїni. Naukovij Visnik Nacional’nogo Universitetu Bioresursiv і Prirodokoristuvannya Ukraїni, 313(5), 177-184. https://doi.org/10.31548/dop.5.2019.177-184
Revyakin, G. V. (2017). Kharakteristika ekonomiki Ukrainy i model’ dinamiki eyo razvitiya [Characteristics of Ukraine’s economy and its development dynamics model]. Bіznesіnform, 7, 50-57.
Romanenko, O. (2014). Suchasna promyslova polityka: na prykladi mashynobuduvannya v Ukraїni. Ekonomіka ta Derzhava, 1, 60-65.
Sakwa, R. (2015). Frontline Ukraine: Crisis in the borderlands. IB Tauris.
Salivon, S. (2019). Vneshnyaya torgovlya Ukrainy: v 2019 g. eksport vyros za schet khoroshego urozhaya, postavki promtovarov sokratilis’ [Ukraine’s foreign trade: In 2019 exports increased due to good harvest, industrial goods deliveries decreased]. Federacіya rоbotodavcіv Ukraїni. https://fru.ua/ua/media-center/blog/salivon/vneshnyaya-torgovlya-ukrainy-v-2019-g-eksport-vyros-za-schet-khoroshego-urozhaya-postavki-promtovarov-sokratilis-infografika
SCM media portal. (n.d.). https://www.scm.com.ua/en/about
Shevchuk, V. O., & Yakym, O. B. (2016). Ukrainsko-rosiiska torhivlia: Empirychni otsinky [Ukrainian-Russian trade: Empirical estimates]. Rehionalna Ekonomika, 4, 137-144.
State Statistics Service of Ukraine. (n.d.). Statistical collection “Foreign trade of Ukraine in goods and services” for the year. www.ukrstat.gov.ua
Suhorukova, T. G., Doroshenko, D. A., & Litvin, S. V. (2019). Analiz problem i perspektivy razvitiya mashinostroitel’nyh predpriyatij Ukroboronproma [Analysis of problems and development prospects of machine-building enterprises of Ukroboronprom]. Vіsnik ekonomіki transportu ta promislovostі, 66, 118-130. http://lib.kart.edu.ua/handle/123456789/2282
Suwandi, I. (2019). Value chains: The new economic imperialism. Monthly Review Press.
Svіtovij bank. (2019). Specіal’na dopovіd’: Realіzacіya potencіalu ekonomіchnogo rostu Ukraїni [Special report: Realizing Ukraine’s economic growth potential]. https://thedocs.worldbank.org/en/doc/233891558601579588-0080022019/original/UkraineSpecialFocusNoteSpring2019uk.pdf
Tarash, L. I., & Golodnyuk, R. A. (2017). Reindustrializaciya ekonomiki kak napravlenie promyshlennogo razvitiya [Reindustrialization of the economy as an industrial development direction]. Vestnik Instituta Ekonomicheskih Issledovanij, 4(8), 24-33.
Torgovyj razryv s Rossiej lishil Ukrainu $17 mlrd (Oficial’nyj doklad). (2014). https://ukr-today.com/business/55277-torgovyy-razryv-s-rossiey-lishil-ukrainu-17-mlrd-oficialnyy-doklad.html#google_vignette
Vlasiuk, V. (2021). Shcho ne tak z kapitalnymy investytsiiamy v Ukraini [What is wrong with capital investments in Ukraine]. https://epravda.com.ua/columns/2021/05/06/673627/
Wallerstein, I. (2010). Structural crises. New Left Review, 62, 133-142.
Weissenbacher, R. (2022). The core-periphery divide in the European Union: A dependency perspective. Palgrave.
World Bank. (2021). World Bank data: Ukraine. https://data.worldbank.org/country/ukraine
Zanuda, A. (2012, February 17). God dohodnyj: Ukraina na puti k “oligarkhicheskoj revolyucii”. BBC News Ukrayina. https://www.bbc.com/ukrainian/business/2012/02/120217_oligarchs_az.shtml
Downloads
Published
Issue
Section
License
Authors retain all rights to the original work without any restrictions
Authors who publish with Interdisciplinary Political Studies agree to the Attribution-NonCommercial-ShareAlike 3.0 Italy (CC BY-NC-SA 3.0 IT).
License for published content
You are free to copy and redistribute the material in any medium or format; remix, transform, and build upon the material.
Under the following terms:
- You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- You may not use the material for commercial purposes.
- If you remix, transform, or build upon the material, you must distribute your contributions under the same license as the original.
- You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
