Presentation at the panel discussion “The Ukrainian Tiger – the Ukraine in the Great Leap Forward”, German Economic Club
The background of the panel discussion was a recent long-term study of HSBC for the development of the economies in the world, particularly Ukraine with an average GDP growth of 6% in the next 40 years. According to the study Ukraine might move from 19th position in the ranking to 40th. Thus the discussion was headed to the issues Ukraine faces today and how to overcome them to assure the positive development in the future. Dr. Ricardo Giucci, CEO of Berlin GmbH Economics and Head of the German Advisory Group, has underlined that regime of fixed exchange rate is an obstacle for the Ukrainian economy.