| Ukraine consumer confidence worsened last month, survey shows Consumer confidence in Ukraine in November 2010 worsened, according to the International Centre for Policy Studies (ICPS), citing the results of a consumer confidence survey conducted as part of a joint project with GfK Ukraine.
Consumer confidence of Ukrainian citizens in November 2010 was under the pressure of government's plans to adopt the Tax Code, which would have considerably increased the tax burden on small and medium businesses.More | Can elections be harmful to democracy? It has been said that young leaders are the foot soldiers of democracy, and the grassroots campaign that swelled up during Orange Revolution is proof that Ukraine is no exception. Still, five years later, the Orange Revolution’s promise of reform has yet to be fulfilled. This is in large part due to a lack of leadership not only at the top of the government machine, but throughout the system. Still, even the best reform strategy will fail without strong leaders to promote and undertake it. More |
| Consensus Forecast: Things will get better in 2010 What will the situation be with Ukraine’s economy over this year and the following two? When will GDP stop contracting? When will consumer demand begin to pick up and what will wages be like? The answers to these questions were sought by ICPS economists along with their colleagues at the latest quarterly consensus seminar in macro-economic forecasting, organized by Ukraine’s Ministry of Economy on 2 July 2009. More | No end in sight: downswing in consumer mood continues to break records Ukraine greeted 2009 with a thus-far unseen worsening in the consumer mood as the crisis in the country’s economy worsened. In January 2009, the Consumer Confidence Index (CCI) fell a further 12.1pp over December 2008, to 41.8. This is a new record and the absolute lowest the Index has ever been since it began to be tracked. This level of the CCI indicates that more than three-quarters of Ukraine’s consumers are feeling pessimistic. More |
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