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Ukraine: 2004 Article IV Consultation—Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

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  • International Monetary Fund

Abstract

This 2004 Article IV Consultation highlights that six years after the 1998 financial crisis, Ukraine continues to recover strongly. In 2003, real GDP grew by 9.4 percent, despite a poor harvest, and reached 13.5 percent through July 2004. Growth in 2003–04 has been prompted by favorable external demand, a competitive cost structure, and dynamic domestic demand. Inflation has been moderate, but strong upward pressures are emerging. There has been progress in the structural reform agenda, but tax administration should improve.

Suggested Citation

  • International Monetary Fund, 2005. "Ukraine: 2004 Article IV Consultation—Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion," IMF Staff Country Reports 2005/015, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2005/015
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=17986
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    Cited by:

    1. James R. Barth & Gerard Caprio Jr., 2007. "China's Changing Financial System: Can It Catch Up With, or Even Drive Growth," NFI Policy Briefs 2007-PB-05, Indiana State University, Scott College of Business, Networks Financial Institute.
    2. Eduardo Wiesner, 2008. "The Political Economy of Macroeconomic Policy Reform in Latin America," Books, Edward Elgar Publishing, number 12913.

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