Uploaded February 2024 | Updated September 2026, 2 weeks ago
Since the collapse of the Soviet Union, the people of Ukraine have been steadily building their economy, unshackled by the constraints of Soviet economic culture. While the economy was severely impacted by the Global Financial Crisis of 2008-9, and subsequently, since 2013, through trade and territorial disputes with Russia, its largest trading partner, Ukraine has gradually introduced international standard business practices to develop a modern economy. This process has been dramatically impacted by the Russian invasion of February 2022, however, accession talks with the European Union and innovation driven by the necessities of wartime are accelerating change - and opportunities.
Since the collapse of the Soviet Union, the people of Ukraine have been steadily building their economy, unshackled by the constraints of Soviet economic culture. While the economy was severely impacted by the Global Financial Crisis of 2008-9, and subsequently, since 2013, through trade and territorial disputes with Russia, its largest trading partner, Ukraine has gradually introduced international standard business practices to develop a modern economy. This process has been dramatically impacted by the Russian invasion of February 2022, however, accession talks with the European Union and innovation driven by the necessities of wartime are accelerating change - and opportunities.
