What has Ukraine experienced from an industrial power to the poorest country in Europe?

Ukraine experienced a good development after World War II, but after the declaration of independence, there was inflation and the economic development continued to decline. Later, when we encountered the global economic crisis, political turmoil intensified. Political problems will inevitably affect the economy, so it later changed from an industrial power to the poorest country in Europe.

Ukraine's own conditions and economic situation are small achievements. Ukraine's territorial area can rank second in Europe, second only to Russia. It has the advantages of vast plains and its population has been in the top ten in Europe for a long time. It has a good industrial and agricultural foundation left over from the former Soviet Union, and its military strength was once among the best in Europe during the Cold War.

Under such generous congenital conditions, Ukraine embarked on an increasingly bumpy road after independence and eventually evolved into today's sad situation. From the industrial powers to the poorest countries in Europe, the gap is too great.

With the rigidity and collapse of the Soviet economic model, Ukraine gradually stepped down from the altar, and Ukraine urgently needs to explore a suitable economic development path. Later, a national declaration was issued outside Ukraine, hoping to get rid of the economic dilemma as soon as possible. The reality is cruel. From the planned economy to the market economy, Ukraine has encountered a situation of acclimatization, and even the collapse of hyperinflation has occurred nationwide.

After a short period of glory, Ukraine's economy has experienced various struggles but has never been able to restore its former glory. Ukraine has a good industrial and agricultural foundation, but it is on the verge of profligacy. Behind this long-term malaise, political issues are undoubtedly an invisible killer.

Politics will inevitably affect the economy. Political factors always cause the difficult situation in Ukraine today. There have been many revolutions and conflicts in Ukraine, which have caused great irreversible damage to the social and economic order. So for the above reasons, Ukraine finally became the poorest country in Europe.