"BUSINESS" rating was post-Soviet states with the most
effective anti-crisis programs .

Ukraine ranked fifth among the 15 states of the former USSR in rating
the most effective anti-crisis program. Rating was made "business"
based on the data of the Institute of Post-Crisis World. The study
surveyed 134 experts from 21 countries. Leaders in the fight
recognized by the crisis, Russia and Kazakhstan. The Russian government has already spent
to lift the economy some $ 300 billion. And Kazakhstan has allocated
about $ 15 billion to save their businesses. Another billion
Astana threw to fight unemployment. Its anti-crisis program
Ukrainian Government has in November last year in the context of
agreement with the International Monetary Fund. As part of the credit program
stand by for 16, $ 4 billion fund virtually dictated the Ukrainian
government bailout package of measures: the establishment of the Stabilization Fund, part
State capital of troubled banks, as well as a moratorium on the rise
minimum wage of the population to subsistence level.
However, these are the only measures which the Ukrainian government is not without pressure
The IMF has introduced into practice. "Ukraine will become the main anti-hero of the global
crisis in the former Soviet Union "- noted the director of the Institute
Post-Crisis World Catherine Shipov. The vast majority of experts recognized
that in fact anti-crisis policy in Ukraine is missing. Ukraine
without the program According to the Director of the Enterprise Protection
"Business-Solidarity" against the country, in this case played already become a tradition
political instability. Played against, and exchange rate policy of the state,
which resulted from the September 2008 hryvnia depreciated by about
60%. "Ukraine, unlike in Kazakhstan, it is not clinging to his
local currency and let her go at once - says the vice-president
Armenian company RAN-DEX Vadim Georgiadi. - And that led to the fact that
customer base collapsed banking system. " In addition to the above
amount of debt the state at the moment, taking into account loans from the IMF, reached
17, 6 billion. This place has downgraded Ukraine's rating of effectiveness
crisis management measures. Heroes frontman crisis of crisis management
have been named Russia and Kazakhstan. To overcome the crisis, the governments of these
countries have thrown considerable financial resources. Since the beginning of implementation of crisis
program in November 2008, the Russian government has spent about 9, 9
trillion rubles (about $ 300 billion) to shore up the economy
- The money went to support the banking system and guarantee fund
contributions - as well as on account of external debt of enterprises - 319 billion rubles
(About $ 10 billion). However, recognizing the actual performance
such a policy, with experts generally skeptical of anti-crisis
Measures of the Kremlin. The main argument: keeping the economy going through
strict regulation by the state. "Subordinated loans
- A tool for inflation of liquidity. To write off bad debts,
rather than systemically important banks bankrupt, "- said General Director
Independent Directors Association, Alexander Filatov. Maximally
effective set of anti-crisis measures in the post-analysts
call Kazakhstan. More liberal in comparison with the Russian policy
countries have also been accompanied by considerable financial support from the state.
To support the economy of power contributed nearly $ 15 billion, or
15% of GDP. In addition, to help people already in March this year, authorities in Kazakhstan
spent about $ 950 million to combat unemployment. "I would like
note devaluation undertaken by the Government of Kazakhstan. Country has taken into account
negative experience smooth devaluation in Russia and held her fast, "- allows
Head of analytical department of "Aton" Vyacheslav Bunkov.
Note that in early March to assess the crisis took a break.
"If earlier the experts evaluated the policy in terms of how to endure
crisis, but now they rated it based on how to survive it ", - explained
Shipov. Thus, the view of analysts that crisis pro-ydet during the year
changed to the statement that he will drag on for 3-5 years. Experts
organizations have studied the economic programs of the former Soviet Union to fight
with the crisis. In addition, the researchers took into account the public statements
the authorities of the former Soviet Union to take measures to release
of the crisis. According to the expert community, the mandatory set of measures
to combat the crisis must include support for financial and banking sector,
the real sector, small and medium-sized businesses, the public, as well as retention
socio-political stability, economic diversification, public administration
rate and integration. During the study, the experts noted, are from
these measures are used post-Soviet countries to support the economy.
Policy states the maximum sweeping set of measures to fight crisis
was recognized as the most effective. In addition, when rankings
"BUSINESS" take into account the volume of external borrowing countries. Thus,
subject to the same measures of the state having a larger volume of external
debt, have lower positions in the ranking.

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