Facebook Pixel

Search by author

Olena Hrazhdan

Olena Hrazhdan

editor

The impact of the Russian invasion on Ukraine’s economy in 2014 and 2022: comparison by The Page

The Ukrainian economy was in two different states when it faced two large-scale Russian invasions. Even though the war had less of an impact on Ukraine's economic downturn in 2014 than it did in 2022, Ukraine faced an extra challenge a decade ago, which was caused by the negligent economic policy of the Yanukovych regime. The ex-president’s nepotistic circle, dubbed "the Family", embezzled the reserves and plunged the country into an economic crisis.