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UkrainePrime
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Kiev,UkraineWedensday,March25,20152pages
fivecents
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ABadEconomy
Ukrainesproblemsarenotjustwhatis
goingonwithRussiaanditspolitics.The
pastyeartheireconomyhasntbeenthe
best.Manyanalystsareworriedthatthe
countrywillsoondefaultonitsdebt.The
economyreflectsalotwithpolitical
instability,alsododgyeconomicpolicy,
distasteforreform,andendemiccorruption
1
havebroughtthecountrydown.

Ukraineandmostcountriesarepartof
theformerSovietUnionwhichUkraine
wasthehardestonehit.Ukraine
establishedbytheearly2000sandthere
wasforeigncashfloodandthemoney
supplygrewrapidly.From2001-2010
broadmoneyincreasedatanannualrateof
1
35%.
Ukrainianscreditgrowthwentupby
anaverageof73%.

SincetheIMFaregivingthecountrythe
moneytheyhavecertainregulationsthat
thepricesofcertainthingsraise.Suchas
ourgasbutthePresidentrefusetotake.
Alsowhatthegovernmentistryingtodo
whileminimumwagefreezes,thetaxeswill
3
goup10%.

Shortlyafterglobalcrisis,centraland
easternEuropelikeUkrainesufferedfroma Wehopethatthecountryshistory
corruptionandmismanagementcomestoa
drought.Tryingtoprotectthecurrency
end.
drainedthecentralbankfromahigh$40
billiontonowabout$12billiontoday!

ThewarisdraggingeasternUkraine
down.Thiswarhaskilled500,000civilians
2
andhasdonedamagetothousands.
Many
aresayingthatUkrainecanexperienceone
ofitseconomicmeltdown.Someestimates
saythatthecountry'seconomyhasshrunk
by8%.SincetheyhittheDonbassregion
andlosstherevenues,wherethecountrys
maincoalandsteelindustriesareat.

U.ShasProvidedwithabout$291million
Citations

forassistancealsoaswellwith$1billion
Manyofusexpectthewesterncountriesto
CoverStory:
3
loanguarantee.
helpus.Shouldthey?Yes,theyshould.If

1."WhyIsUkraine'sEconomyinSucha
UkraineneedstofighttostopRussiafrom
HowevermanyaredisagreeingthatU.S Mess?"
TheEconomist
.TheEconomist
gettingtheirlandthentheyaregoingto
shouldhelp.TheyaresayingthatAmerica
needhelpalotofhelp.Specifically
hasbeenherebeforein
Afghanistan1979, Newspaper,05Mar.2014.Web.09Mar.
supportfromalldemocraticforces,from
4
Americaimmediatelytookcontrol.
They
2015.
1
alldemocraticcountries
suchastheir
alsohadthiswholeplanbutitdidntgoas
moneyandtheirarmiesaregoingtobe

planned.Noonewantsthatdevastating
neededifRussiacontinues.Allieshave
2."UkraineStrugglesonBrinkofEconomic
scenarioagainbecauseKievisntthat
agreediftheenemiescontinuewith
BBCNews
.N.p.,16Jan.2015.
differentfromit.Alsotheirismanythings Crisis."
violationsthantherewouldbeastrong
thatcanhappen,WouldthatrequireU.S.
Web.08Mar.2015.
2
reaction.

personnelontheground?
couldthat

provokerussiamoreifkievhasmoreback
3."Ukraine'sEconomy:HowBadIsthe
up?
Mess?"
BBCNews
.N.p.,1May2014.
Web.10Mar.2015.
Wehavetothinkinbothdifferent

OpEd:
scenariosyesAmericacouldbeinstakeand 1.Dettmer,Jamie.
TheDailyBeast
.
makeawholeotherwar,butifKiev,
Newsweek/DailyBeast,n.d.Web.19Mar.
Ukrainedoesntgetanyhelpbytimethe
2015.
wholeUkraineisgoingdown.Dowereally
wanttolooseabeautifulcountrybecauseof 2.Jackson,David."ObamaHuddleswith

AlliesonUkraineCrisis."
USAToday
.
TheU.Shasespeciallytookaction.
anunfairwarthatmanyofuscouldhave
Gannett,03Mar.2015.Web.19Mar.
ObamaandEuropeanalliescalledameeting helpedprevent?
2015.
onbehalfofRussiasseriousmajor
violationstowardseasternUkraine.Inthe

meetingtheydidnotspecifyanyadditional
3."FACTSHEET:U.S.Supportfor
cost.HowevertheU.Snotonlydidthey
Ukraine."
TheWhiteHouse
.The
agreetohelpthemoutinwarifRussia
WhiteHouse,n.d.Web.19Mar.
getsoutofhand.
2015.

U.SHelp!!!

4."3ReasonstheU.S.ShouldNotArm
Ukraine."
WashingtonPost
.The
WashingtonPost,n.d.Web.17Mar.2015.