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Three European Leaders of Poverty: Ukraine, Romania, Russia

Three European Leaders of Poverty: Ukraine, Romania, Russia
21.04.2010

The Economist presented its forecast of economic development of the European countries in 2010. From 30 European states which economy was analyzed by The Economist, Ukraine appeared on the last place on expected total GDP per capita (according to the parity of purchasing capacity). This indicator of the country in 2010 will make 6,4 thousand dollars. It's approximately twice less, than in Romania - the country which occupies penultimate place (11,7 thousand dollars). And it's almost in nine times less, than in Norway  which continues to keep leadership (56,7 thousand dollars). Moreover, this look-ahead indicator has been essentially lowered for Ukraine in comparison with the forecast for 2009 - 6,4 thousand dollars against 8,2 thousand dollars

According to the experts of the edition, Ukraine will continue to keep a palm on mid-annual inflation among 30 countries of Europe. Analysts expect that in 2010 growth of consumer prices in the country will make 12,2 %.

 

Forecast for economic development of the European countries in 2010

 

 

GDP according to the parity of purchasing capacity, 1000$ per a person

GDP growth, %

Average annual inflation, %

Norway

56,7

1,4

1,7

Great Britain

34,7

0,6

2,3

France

34,3

0,9

0,9

Czech Republic

19,1

0,9

1,4

Poland

18,5

1,9

2,8

Hungary

18,4

-1

4,2

Estonia

17,2

-3

0,2

Russia

15,3

2,5

9,4

Romania

11,7

1

3,3

Ukraine

6,4

1

12,2

As it was informed, the Ukrainian economy failed to leave recession in IV quarter of 2009 - gross national product volume was reduced by 7%. Economy falling proceeds the fifth quarter successively. It means that gross national product recession for 2009 made 15% instead of 12% promised by the government. Expectations of economic growth were based on industry restoration but situation in other branches remains heavy as experts recognize.

  • - Actually, Russia also has nothing to be proud of, it's on the third place, it's worse than Estonia and Poland and it happens even though only the Russian Federation has oil and gas, - editor-in-chief of OFRUM.msk Anatoly Baranov noticed. - Russia showed almost decent growth of gross national product but we understand that it is connected exclusively with revival in the market of hydrocarbons. If not, gross national product of Russia would be not higher, than in Ukraine. Today there's no difference whether GDP is growing or not - billionaires became 2 times richer during crisis year, while one can't notice how it positively influences incomes of simple people. We need to be proud only of the fact that Abramovich owns the biggest yacht in the world and there is a share of each of us in it. It is possible to say that this yacht is entirely constructed of our nonsense, cowardice and servility. When I see chains of "Porsche Cayenne" in Moscow I understand that in each of them there is a teardrop of each child who was deprived of some fruits and ice-cream. Yes, situation in Ukraine and in Romania is even worse but even in sleazy Poland situation is already better and it is better to all Poles, not just to a small group of billionaires and multimillionaires. But neither Czechia, nor Hungary pretend being great powers, while we - do. So why do we have then 2 times less gross national product per capita, than in France and England? After all France doesn't have either oil, or gas, as in Ukraine but it's great as we... So why?

 

By the way, number of signatures under the reference "Putin in Resignation!" continues to grow - there are already 38,5 thousand. It, by the way, some estimation of achievements of Putin epoch. Very soft, we will note, estimation - not go to prison, only in resignation...

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