The legacy of the global economic crisis provoked by the US government will not be as severe for Ukraine as the impact of the previous crises in 2008-2009 and 2014-2015.
This is the idea expressed during a panel discussion on the topic: “New US Money: Economic Legacies for Ukraine and Response Strategy”, expressed by an economist, a financial manager at the Kyiv-Mohyla Business School. Oleksiy Gerashchenko, reports Ukrinform correspondent.
The expert guessed that in the face of recent economic crises (the global crisis of 2008-2009 and the one provoked by the hybrid aggression of the Russian Federation in 2014-2015) the greatest impact is on export destinations Ukrainian metallurgy suffered a lot. Now, through the significant collapse of industrial efforts, we will stop spending in 2022 Azovstal and MK im. There are also significant problems with the logistics of some metallurgical and iron ore products in the export of goods. 60% of the supply of goods from Ukraine are agricultural products that are less sensitive to light conditions.
“And if we guessed at the previous crisis, then everything was more or less normal for agricultural products. Also, in the minds of large-scale aggression, one of the key officials of macrostability for us is international financial assistance in the form of loans and grants, which is necessary – acknowledging this fate – perhaps clear home ownership. Therefore, I think, during this period, if there is an extremely negative economic situation, recession, recession, they will affect the Ukrainian economy less than in the early crisis periods,” predicts Gerashchenko.
And it doesn’t matter to those that the situation with the collection of money from international partners in 2026 is immediately unknown, and there is no potential for a catastrophe for the Ukrainian economy.
“On the other hand, additional opportunities may emerge for Ukraine. The world is militarizing. And our defense industry, Defense Tech, has been expanded. It could potentially become a new leader in exports. Plus in the minds, if the great edges are applied one on one mita, we can be such a zone, where the mitas are smaller. “And, I believe, it will be possible to speed up,” the economist says.
Looking at this, as well as at the insignificant obligations of Ukrainian exports to the United States (a little over 800 million dollars for the bags of the past), the participants in the panel discussion warned the authorities of Ukraine against any “punitive” measures from the government. implementation of additional tariffs received by the United States of America. The subject of the relocation may be the mutual easing of tariffs.
As it was reported, the Minister of Economy’s advance advocate, Trade Representative of Ukraine Taras Kachka, stated that the country is ready before negotiations with the United States on the purchase of American products. Posadovets said that Ukraine will not enter into foreign exchange with the United States and does not plan to meet American tariffs.
Photo: hromadske.radio