Last Updated January 06, 2009
Meltdown in Ukraine
With breathtaking speed, Ukraine has gone from being one of Europe’s fastest-growing economies to a basket case. Is the US$16bn IMF bail-out enough to save it? Geoffrey Smith reports from Kiev.
Ukraine has come down to earth with an almighty bang – a textbook ‘hard landing’ that could be studied for years to come in universities and business schools as to how emerging market economies crash.
