{"id":201,"date":"2014-02-21T00:00:00","date_gmt":"2014-02-21T00:00:00","guid":{"rendered":"https:\/\/yule-tide.generalsemiotics.net\/index.php\/2014\/02\/21\/post-194-ukraine-1989-vs-2014\/"},"modified":"2014-02-21T00:00:00","modified_gmt":"2014-02-21T00:00:00","slug":"post-194-ukraine-1989-vs-2014","status":"publish","type":"post","link":"https:\/\/yule-tide.blog\/index.php\/2014\/02\/21\/post-194-ukraine-1989-vs-2014\/","title":{"rendered":"Post-194: Ukraine, 1989 vs. 2014"},"content":{"rendered":"
These numbers are amazing to me:\n<\/div>\n
\n
.<\/font><\/a> <\/div>\n<\/p><\/div>\n
\u00a0<\/strong><\/font> \u00a0 \u00a0 \u00a0 \u00a0<\/em> Ukraine, 1989 vs. 2013<\/font><\/strong>
\u00a0\u00a0\u00a0 \u00a0\u00a0<\/em><\/span> \u00a0\u00a0\u00a0\u00a0<\/em> When 1989’s figures are 100<\/em><\/p>\n

\u00a0 \u00a0 \u00a0<\/em><\/span><\/strong> \u00a0\u00a0\u00a0 \u00a0<\/em><\/em> Ukraine’s Population<\/strong>
\u00a0\u00a0\u00a0<\/em><\/span><\/span> \u00a0 \u00a0\u00a0 \u00a0 \u00a0<\/em><\/em> 1989: 100
\u00a0\u00a0<\/em> \u00a0 \u00a0 \u00a0 \u00a0<\/em> \u00a0<\/em> 2013: 88<\/p>\n

\u00a0\u00a0 \u00a0 \u00a0<\/em><\/span><\/strong> \u00a0\u00a0\u00a0\u00a0<\/em> Ukraine’s GDP [adjusted for inflation]<\/strong>
\u00a0\u00a0 \u00a0\u00a0<\/em> \u00a0\u00a0 \u00a0\u00a0<\/em><\/em> 1989: 100
\u00a0\u00a0\u00a0\u00a0<\/em> \u00a0\u00a0 \u00a0\u00a0\u00a0<\/em> 2013: 67<\/p>\n

\u00a0\u00a0<\/em><\/span><\/strong> \u00a0\u00a0 \u00a0 \u00a0\u00a0<\/em> \u00a0<\/em> Ukraine’s Per-capita GDP [adjusted for inflation]<\/strong>
\u00a0\u00a0<\/em> \u00a0 \u00a0\u00a0 \u00a0\u00a0<\/em> \u00a0<\/em> 1989: 100
\u00a0\u00a0\u00a0<\/em> \u00a0 \u00a0 \u00a0\u00a0 \u00a0<\/em><\/em> 2013: 76
\u00a0
<\/span><\/span><\/span><\/span><\/span><\/span>Ukrainians under age 35 have no memory of (sustained) good times<\/em>, and even those in their 40s today have no experience of sustained good times during which they<\/em> were in the labor market.<\/span> Falling expectations lead to this:\n<\/div>\n

Read More<\/font><\/strong><\/font><\/a>\n<\/div>\n
<\/div>\n
\n
\"Picture\"<\/a> <\/p>\n
Maidan Square, Kiev, “Before and After” [Link<\/a>] <\/div>\n<\/p><\/div>\n<\/p><\/div>\n
Population:<\/strong> Ukraine had 51.5 million people in its 1989 census; today, it has 45.5 million. This is all because of low birth rates<\/a>. The World Bank predicts it will further decline to 36 million by 2050.<\/p>\n

GDP:<\/strong> According to this graph<\/a> (and this one<\/a> from the World Bank), Ukraine’s real-GDP today is only 67% of its 1989 level. If it had remained exactly the same on a per-capita basis, we would expect Ukraine’s real GDP (“real” meaning adjusted for inflation) to also be 88%of the 1989 level, but it’s a lot lower.

<\/span><\/span>If the average Ukrainian in 1989 made 100 units of money, today (adjusted for inflation) he makes only 76. (=.669\/.88).

<\/span>Everyone knows about the major contraction in the ex-Communist-bloc in the 1990s: I see from the historical data that Ukraine’s economy by 1999 had sunk to a pathetic 39% of its 1989 level. Then there was a period of growth (2000-2007), but the 2008-to-Present worldwide economic problems have caused zero GDP growth since 2007 for that country. In terms of Ukraine’s GDP, 2014’s is about equal to 2006’s. (This is true of a lot of countries.)
<\/span><\/span><\/span> <\/div>\n","protected":false},"excerpt":{"rendered":"

These numbers are amazing to me: . \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Ukraine, 1989 vs. 2013\u00a0\u00a0\u00a0 \u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0 When 1989’s figures are 100 \u00a0 \u00a0 \u00a0 \u00a0\u00a0\u00a0 \u00a0 Ukraine’s Population\u00a0\u00a0\u00a0 \u00a0 \u00a0\u00a0 \u00a0 \u00a0 1989: 100\u00a0\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 2013: 88 \u00a0\u00a0 \u00a0 \u00a0 \u00a0\u00a0\u00a0\u00a0 Ukraine’s GDP [adjusted for inflation]\u00a0\u00a0 \u00a0\u00a0 \u00a0\u00a0 \u00a0\u00a0 […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-201","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/yule-tide.blog\/index.php\/wp-json\/wp\/v2\/posts\/201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yule-tide.blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yule-tide.blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yule-tide.blog\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/yule-tide.blog\/index.php\/wp-json\/wp\/v2\/comments?post=201"}],"version-history":[{"count":0,"href":"https:\/\/yule-tide.blog\/index.php\/wp-json\/wp\/v2\/posts\/201\/revisions"}],"wp:attachment":[{"href":"https:\/\/yule-tide.blog\/index.php\/wp-json\/wp\/v2\/media?parent=201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yule-tide.blog\/index.php\/wp-json\/wp\/v2\/categories?post=201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yule-tide.blog\/index.php\/wp-json\/wp\/v2\/tags?post=201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}