HomeMagazine2020September 2020, Vol. 247, No. 9Part 2: Background of the Ukraine’s Mega-Challenges

September 2020, Vol. 247, No. 9

Features

Part 2: Background of the Ukraine’s Mega-Challenges

By Gordon Feller, Eurasia Correspondent Editor’s note: This is the second of two articles on  Ukraine’s $260 million effort to upgrade and expand its gas transmission networks focuses on stability and growth within the country as a whole and its relationship to the pricing of natural gas. Since 2014, Ukraine has undertaken considerable reforms to reinforce macroeconomic stability and bolster the foundations of growth. After a significant contraction in 2014-2015, economic growth has picked up (2.4% in 2016-2017, 3.5% in 2018-2019). However, higher sustained economic growth is needed to deliver a durable improvement in living standards.  While mod

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