"So Lhe lasL wlll be rsL, and Lhe

rsL wlll be lasL. Mauhew 20:16

!"#$%&'

kylv
March 2014
kakha 8endukldze
0
3000
10000
13000
20000
23000
30000
1990 1994 2012
uzbeklsLan
kyrgyzLan
Armenla
1a[lklsLan
Moldova
Azerbal[an
Ceorgla
1urkmenlsLan
8elarus
kazakhsLan
ukralne
LaLvla
LsLonla
8ussla
osL SovleL CounLrles
1990, 1994 and 2012
3
Lh

7
Lh

9
Lh

2012
1a[lklsLan
kyrgyzLan
Moldova
uzbeklsLan
Ceorgla
Armenla
ukralne
Azerbal[an
1urkmenlsLan
kazakhsLan
8elarus
8ussla
LaLvla
LsLonla
0
3000
10000
13000
20000
23000
30000
1990 1994
osL SovleL CounLrles
1990, 1994 and 2012
3
Lh
7
Lh
9
Lh

Lagglng 8ehlnd
Cu CrowLh 8aLes (1994-2012)
0
2
4
6
8
10
12
0
3000
10000
13000
20000
23000
1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012
!
(
)
*

,
)
-

.
'
#

/
$
.
%
0
$
*

-
-
-

ukralne
oland
Pow oland CuLperform ukralne
3
nlghL LlghL 1esL
Warsaw
kylv
0
3000
10000
13000
20000
23000
1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012
!
(
)
*

,
)
-

.
'
#

/
$
.
%
0
$
*

-
-
-

ukralne
8ulgarla
Pow 8ulgarla CuLperform ukralne
2.2
0
3000
10000
13000
20000
23000
1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012
!
(
)

,
)
-

.
'
#

/
$
.
%
0
$
*

-
-
-

ukralne
8omanla
Pow 8omanla CuLperform ukralne
2.3
0
3000
10000
13000
20000
23000
30000
1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012
,)- .'# /$.%0$ 1---2
ukralne Crown as oland Crown as kazakhsLan
Crown as LlLhuanla 8 Cu CrowLh 8aLe
WhaL would happen lf ukralne grew
as.
345$&%$
(647$" 3'.896%/
:;04&%$
38;;%$
8lg CovernmenL's
Weapons of WealLh uesLrucuon

:</';;%7' 0$<$=4&
-4.86%;5
:&'#>? ;89;%@%';
A4##8.=4&
!&9$6$&/'@ ;4/%$6 .46%/?
3'@ 0$.'
B@7'#;' .46%=/$6 ;'6'/=4&
C'$60D @';0#8/=4&
E8#'$8/#$/?
CovernmenL LxpendlLures as Share of Cu
2013 (lMl)
0
10
20
30
40
30
60
70
FGGH FGIJ
E8@>'0 )'K/%0 04 ,)- ILIM NM
-896%/ )'90 04 ,)- IFLJM OPM
Spendlng
enslons - 17 of Cu
Lducauon - 6.2 of Cu
PealLhcare - 3.7 of Cu
Subsldles for energy:
re-Lax: more Lhan 3 of Cu (equal Lo 12 of
governmenL revenues )
osL-Lax: more Lhan 11 of Cu (equal Lo 27 of
governmenL revenues )
Lnergy lnLenslLy - LlecLrlclLy, Cas and Cll
Consumpuon per uollar of Cu
(!oules ln mllllons)
0
2
4
6
8
10
12
14
16
18
1---2
naLural Cas Consumpuon - Cermany
vs ukralne



,'#5$&? !"#$%&'
1oLal consumpuon, bln m3 79 33
1oLal producuon, bln m3 12 20
Cu (), bln uSu 3 378 333
opulauon, mln 81 43
Cas Lo creaLe $1 Cu, m3 0.02 0.16
Pousehold consumpuon, bln m3 24 16
1ransformauon/lndusLry, bln m3 47 32
Cas Lo creaLe $1 of Cu, m3, wlLhouL
households
0.01 0.1
PosplLal 8eds by CounLry
1999-2012 (per 1,000 people)
0 2 4 6 8 10 12 14
new Zealand
Ceorgla
uSA
Canada
lsrael
AusLralla
LaLvla
LsLonla
Moldova
8omanla
8ulgarla
LlLhuanla
ukralne
8ussla
8elarus
1999
2012
8educuon of PosplLal 8eds (ercenL)
1999-2012
0 10 20 30 40 30 60 70
ukralne
8ussla
8elarus
8ulgarla
8omanla
uSA
Canada
Moldova
LsLonla
LlLhuanla
LaLvla
lsrael
Ceorgla
AusLralla
new Zealand
ukralne ln lnLernauonal 8anklngs
Corrupuon ercepuon lndex - 144
uolng 8uslness - 112
Laslness of aylng 1axes - 164
ress lreedom - 131
Clobal Compeuuon lndex - 84
lndex of Lconomlc lreedom - 133
8ureaucracy Level:
ukralne vS Ceorgla
ukralne Ceorgla
uocumenLs Lo exporL: 6 4
1lme Lo exporL (days): 29 9
uocumenLs Lo lmporL: 8 4
1lme Lo lmporL (days): 28 10
1o sLarL a buslness (days): 21 2
1o reglsLer properLy (days): 43 2

MlnlsLry of Lconomlc uevelopmenL,
Ceorgla 2004
E'Q4#' 3';08/08#%&>
21 deparLmenLs
26 agencles
2492 employees
BR'# 3';0#8/08#%&>
12 deparLmenLs
12 agencles
600 employees
30 of Lhe governmenL agencles was closed
13-fold lncrease of Lhe average salarles
CompleLe Lurnaround of Lhe pollce forces

Whlch ls LxporL-CrlenLed CounLry?
Chlna:
Cu (nomlnal) - $8 227 bllllon
Cu () - $12 610 bllllon
1oLal exporL - $2 210 bllllon
LxporL share ln Cu (nomlnal) - 26
LxporL share ln Cu () - 18
ukralne:
Cu (nomlnal) - $176 bllllon
Cu () - $333 bllllon
1oLal exporL - $70 bllllon
LxporL share ln Cu (nomlnal) - 40
LxporL share ln Cu () - 21
ukralne vs Chlna ln Lurope
Chlna:
Chlna's exporL Lo Lu ls 16 of LoLal exporL
urban employmenL - 371 mllllon people
lndusLry ouLpuL - 46 of Cu
27 mllllon people ls engaged ln exporL Lo Lu
lrom Shanghal Lo 8erlln - 8400 km
ukralne
urban employmenL - 18 mllllon people
ukralne needs 13.3 mllllon people Lo be engaged ln exporL Lo
subsuLuLe half of Chlna's exporL Lo Lu
lrom klev Lo 8erlln - 1200 km
1o uo LlsL
1hleves ln [all
CuL bureaucracy
CuL red Lape
8educe Laxes
klll subsldles
uL MaasLrlchL crlLerla ln Lhe ConsuLuuon
CreaLe Currency 8oard
rlvauze

STUVU WXYUZ[\]
March 2014