Restructuring of industrial economies in countries in transition: Experience of Ukraine



The major structural factor with its deep and severe influence on the proportions of the
Ukrainian economy is the economic crisis which is currently in progress in the country. The
crisis is manifested mainly in a deep decline of output. The slump is caused by numerous
factors and does not improve but on the contrary brings growing distortions in the structure of
the Ukrainian economy (Table 1; Chart 1).

Table 1: Structure of Industrial Sector of Ukraine, per cent

1990

1991

1992

1993

1994

1995

1996

1997

Industry - total

100

100

100

100

100

100

100

100

Electrical Energy

3,2

3,6

6,4

9,4

11,5

11,0

12,7

12,6

Fuel

5,7

3,8

14,3

8,5

11,2

13,2

12,1

11,1

Ferrous Metallurgy

11,0

9,9

22,7

16,8

19,9

21,8

21,9

23,4

Chemical and Petrochemical

6,0

5,9

6,7

6,0

6,9

7,4

7,6

6,7

Machine-Building and

Metal Processing

30,7

26,4

18,6

19,8

17,0

16,1

14,7

15,4

Consumer Goods

10,8

12,3

6,7

6,1

4,3

2,8

2,1

1,7

Food Processing

18,6

24,4

13,6

19,7

17,1

15,1

16,1

17,2

Others______________________

14,0

13,7

11,0

13,7

16,1

12,6

12,8

11,9

1990

Electrical Energy

Food Processing

Metallurgy

Chemical and
Petrochemical



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