Business peciliarities in Ukraine and Bealrus
Tymoshenko), while industrial Eastern regions support Yanukovych as Politian closely
associated with better relation / integration with Russia.
1.1.2. Post-Independent Ukraine. Economy and politics
1990-s
When Ukraine became independent in 1991, there were expectations that it would in the
near future become a wealthy free market democracy and a full member of the European
and Euro-Atlantic communities. Ukraine never fulfilled those expectations. Instead, it is seen
as an underachiever, sometimes as a sick man of Europe, and perhaps even as a potentially
failed state thanks to its geopolitical situation, historical burdens, and the mistakes made in
institutional development and policy.
Economically, Ukraine has grown along with the region. As such, growth rates have not been
low, but they come after the economically devastating 1990s and are not built on a
6
sustainable foundation