For all it’s resources, Ukraine is an unreasonably poor country.
According to the World Bank, in 2015, the gross income per person was equal to $7,450 USD (according to PPP – Purchasing Power Parity). This is lower than Iraq, Mongolia, Albania and 109 other countries. In the last 25 years, this figure has decreased by 23% and Ukraine has dropped from the 55th to the 112th position in the World Bank index. During this time, all the countries neighbouring Ukraine, except for Moldova, were more successful in their economic development. To answer why, VoxUkraine has researched and discovered the seven most damaging and destructive decisions that Ukrainian government officials have taken in the last 25 years of independence.
