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Curriculum The Economy of Ukraine

The Economy of Ukraine

Ukraine's economy: an overview, the Soviet legacy and the 1990s, oligarchs and corruption, farming and global food, steel and industry, the IT sector, the 2014 shock, the turn to Europe, the 2022 war economy, the cost of reconstruction, and a recap.

  1. Ukraine at a Glance Ukraine is a large European country with fertile farmland, heavy industry and a growing IT sector, whose economy has been transformed by war. 📄 Read-aloud
  2. The Soviet Legacy and the 1990s As part of the USSR, Ukraine was a hub of heavy industry, and after independence in 1991, it suffered a deep slump and hyperinflation. 📄 Read-aloud
  3. Oligarchs, Corruption and Reform Privatisation created powerful business groups in steel, energy and media, and fighting corruption has been central to reform efforts. 📄 Read-aloud
  4. Farming: Grain, Sunflower Oil and Global Food Ukraine is a top exporter of wheat, corn and sunflower oil, and disruptions to its exports can affect food prices worldwide. 📄 Read-aloud
  5. Steel, Machinery and Energy Ukraine has long produced steel, coal, machinery and nuclear power, with many plants in the east that have been damaged or lost. 📄 Read-aloud
  6. The IT Sector and the Digital State Ukraine became a major exporter of software services, and a government app called Diia offers hundreds of public services online. 📄 Read-aloud
  7. The Economy of Ukraine: Checkpoint 1 Quick checkpoint - five questions on the economy of ukraine. 5 questions
  8. 2014: Crimea, Donbas and the Economic Shock After the Maidan revolution and Russia's annexation of Crimea, war in the Donbas and a currency crash cut output and forced an IMF rescue. 📄 Read-aloud
  9. Turning Towards Europe An EU trade agreement from 2016 and candidate status from 2022 have tied Ukraine more closely to Europe. 📄 Read-aloud
  10. The Economy After the 2022 Invasion GDP fell by roughly a third in 2022, ports were blockaded, millions fled, and the government relied on foreign aid to keep running. 📄 Read-aloud
  11. The Cost of Reconstruction Estimates of rebuilding needs run to hundreds of billions of dollars, and how to fund it, including with frozen Russian assets, is debated. 📄 Read-aloud
  12. Ukraine's Economy: Recap A recap of Ukraine's economy before, during and after war. 📄 Read-aloud

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