
The costs of Russia’s invasion of Ukraine
Behind the Money
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Ukraine's Economy Has Lacked Dynamism
For many years, Ukraine's economy has been dominated by the production of commodities. Those industries have been largely controlled by oligarchs. And that's led to corruption in business and politics. Still, at the end of 2021, just as Ukraine was emerging from the worst of the COVID-19 pandemic, things were starting to look brighter.
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