1945

Transition to a democratic, market economy

Ukraine became formally independent on 24 August 1991, following a referendum in which more than 90 percent of the population favored ending more than 70 years of Soviet rule. With independence, the country’s leadership faced the immense task of forging a robust nation state. At the same time, Ukraine was embarking upon a transition to an entirely different economic system, and the political and civil society structures were in a state of flux. Liberal democratic thinking was in its formative stages, new political parties were searching for a political platform, and civic institutions, each with a variety of agendas, were only beginning to emerge.

Related Subject(s): Economic and Social Development
Countries: Ukraine
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