Ukraine: Selected Issues

Volume/Issue: Volume 2008 Issue 228
Publication date: July 2008
ISBN: 9781451839135
$20.00
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Inflation , Economics- Macroeconomics , Public Finance , ISCR , CR , core inflation indicator , government , Ukraine , steel price , output gap , support government intention , expenditure target , Inflation , Metal prices , Budget planning and preparation , Global

Summary

This Selected Issues paper analyzes the Ukrainian business cycle. It focuses on the price of steel—Ukraine’s major export—and its relation to the economic performance. It establishes a forecasting model for steel prices, which points to downside risks to steel prices. It discusses the effects of steel price fluctuations on economic activity and how policies might then mitigate them. The paper also develops core inflation indicators for Ukraine to better distinguish underlying from temporary influences on inflation.