2014 Emerging Market Turmoil: Ukraine Brief

In light of recent turmoil in emerging markets and escalating civil unrest, Wood Mackenzie is reassessing the outlook of those economies most at risk. Rapid capital outflow and civil unrest are intensifying economic pressures on Ukraine. As a key gas transit route for Russian gas to Europe, the Ukraine has geopolitical importance; 53% of Russian gas exports to Europe transit Ukraine. In this brief we present the key economic and energy risks that could adversely impact Ukraine’s outlook.