OECD Economic Surveys: Ukraine 2007
This first OECD Economic Survey for the Ukraine reviews recent economic developments and points out key economic challenges that Ukraine faces in the medium-term, including reducing barriers to economic growth though institutional and regulatory reform and raising competitiveness. The Survey makes a series of Recommendations.
Raising the competitiveness of the economy
This chapter explores the challenge Ukraine faces in maintaining and enhancing its competitiveness over the long term. It begins with an analysis of some indicators of current competitiveness and the trends underlying recent developments. Two major conclusions emerge from this first section:
Although Ukraine's current international specialisation compares relatively favourably with its overall productivity level, it is rather narrowly based . Ukraine has revealed comparative advantages in only a limited number of sectors.
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