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| | Economy |
 | | Endowed with good natural resources, superb agricultural land, a well-educated population, ethnic peace, and a strategic location in Europe, Ukraine was positioned to be one of the most successful of the former Soviet states in attracting the foreign investment needed to restructure its economy. |
 | | The economy is burdened by wage nonpayment and arrears, and the shadow economy (defined as activity deliberately unreported for purposes of tax evasion) accounted for a significant proportion of real income. |
 | | Total foreign direct investment in Ukraine is approximately $7.32 billion as of July 1, 2004, which, at $154 per capita, is still one of the lowest figures in the region. |
| www.globalsecurity.org /military/world/ukraine/economy.htm (1319 words) |
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