Part 5/11:
Agriculture transformed Ukraine into Europe’s “breadbasket,” yet, even amid this newfound status, the country remained the poorest in Europe per capita. It faced a dual challenge of persistent corruption and a lack of foreign investment, which stunted both domestic and international entrepreneurship.
Present-Day Economic Challenges
The mineral deal sought by the U.S. poses significant questions for Ukraine regarding its ability to capitalize on its mineral resources. Analysts point out that the past few decades of corruption mean that even though Ukraine claims vast reserves, the infrastructure, funding, and governance needed to exploit these resources are severely lacking.