In terms of economic growth, the Polish and Ukrainian experiences in the decades since the fall of communism have been a portrait in contrasts. Whereas Poland embraced the power of democratic civil society and grew wealthier, Ukraine remained trapped by kleptocratic institutions that bred a culture of corruption and destroyed public trust.
CAMBRIDGE β In the euphoric moment immediately following the collapse of the Soviet Union, few would have guessed that Ukraine β an industrialized country with an educated workforce and vast natural resources β would suffer stagnation for the next 28 years. Neighboring Poland, which was poorer than Ukraine in 1991, managed almost to triple its per capita GDP (in purchasing power parity) over the next three decades.
CAMBRIDGE β In the euphoric moment immediately following the collapse of the Soviet Union, few would have guessed that Ukraine β an industrialized country with an educated workforce and vast natural resources β would suffer stagnation for the next 28 years. Neighboring Poland, which was poorer than Ukraine in 1991, managed almost to triple its per capita GDP (in purchasing power parity) over the next three decades.