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



Chart 1: Structure of Industrial Sector of Ukraine

From 1991 till now the slump has practically touched all the industrial sectors. The
most severe decline one could observe in the consumer good sector (47 per cent in 1994, 33 per
cent in 1995, 25 per cent in 1996), building materials (36 per cent in 1994, 28 per cent in 1995,
34 per cent in 1996), wood and wood processing sector (35 per cent in 1994, 17 per cent in
1995, 19 per cent in 1996), ferrous metallurgy (24 per cent in 1993, 29 per cent in 1994, 12 per
cent in 1996). A quite specific situation was in the machine-building industry that in 1993 was a
slide growth (6 per cent) with the dramatic change in the dynamic to the deep slump of 43 per
cent in 1994 and its continuation in 1995 - 24 per cent and in 1996 - 29 per cent (Tables 2, 3).
In 1994 the industrial output of Ukraine became practically equal to the one of 1975, compared
in stable prices.



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