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Kyiv, Ukraine, 8-9 November www.forumkyiv.org Creating the Future in a Changing World Viktor Halasiuk, President of the Ukrainian Association for the Club of Rome
Kyiv, Ukraine, 8-9 November
www.forumkyiv.org
Creating the Future in a Changing World
Viktor Halasiuk, President of the Ukrainian Association for the Club of Rome
www.forumkyiv.org
Trade War Is…
A Fierce Competition for Better
“COUNTRY SPECIALIZATION”
82%48%
Exports
Manufactured Goods
Manufactured Goods
www.forumkyiv.org
Litmus Test of Country Specialization
$61 bn
$202 bn
$280 bn
www.forumkyiv.org
Medieval England Economic Upheaval: Trade Wars & Protectionism
Henry VII (1457-1509) Elizabeth I (1533-1603)
www.forumkyiv.org
The Biggest Trade War Ever
$300bn
$250 bn
10-15%
25-30%
www.forumkyiv.org
Economic Policy
Economic Structure
Economic Growth
Economic Growth Paradigm
www.forumkyiv.org
Ukrainian Cases
Sunflower Seeds Export Duty
Timber Export Ban
Metal Scrap Export Duty
www.forumkyiv.org
Open Market and… Weak Industry
Ukraine is one of the Most Open Markets in the World
Industrial Parks?
Development Bank?
Export Credit Agency?
Trade Missions? …In TOP-10 countries
with the LOWEST TARIFS
www.forumkyiv.org
Conclusion
Don't do as the rich countries tell you to do, do as they did to get rich.
Prof. Erik Reinert MBA (Harvard University)
PhD (Cornell University)
Author of «How Rich Countries
Got Rich and Why Poor Countries
Stay Poor»
