Wages and Trade in Ukraine - just for reference
Tuesday, January 25, 2005 at 05:33AM
Dan McMinn in 01) Economics and Finance

Man am I a nerd, I look to the IMF Stat sheet for fun. The IMF came out with a whole slew of Ukraine figures and analysis yesterday.

They've posted their:

Full Country Report (Jan 05)
Ukraine Statistics (1998-Oct 2004)
Selected Issues

I'm just a big enough nerd to enjoy looking over some of the statistics. (other tidbits later)

Highlights for people with other things to do: (Bearing in mind that most IMF stats come from official government figures and are thus subject to the distortion in official government figures)

Wages (Statistics p. 22)

The impressive earnings for a non-degree job are probably what keep the miners. If they stay with mining and continue to risk their lives, they will continue to make twice what they might otherwise make with their skill set. (if they find anything at all, that is) Look at what they could get in farming, for instance.

Trade (Statistics p. 47-52)

This is why the "energy and fuel issues" with Russia loom so large so often. This also makes the US democracy assistance programs in Ukraine seem pretty altruistic, considering how little economic interest we have in the country.

 

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