economic growth

 In the article the 20% debt haircut agreement was analyzed with possible threats and benefits being showed. It was emphasized that encouraging the bondholders to agree on restructuring terms, Ukraine took a step into incertitude. First and foremost it promised to pay holders a percentage of its economic growth from 2021. Given the difficulty to make a proper forecast for Ukraine, it’s uncertain if the so called “win-win” deal will prove to bring economic stability and prosperity and the resources to pay off debt. 

Author shown the model of the structural transformation on the basis of the empirical analysis of most countries of the Third World countries. Its focus is not only on methods of promoting economic growth and structural change but also on improving the potential for the mass of the population, for example, through health and education and workplace conditions, whether through public or private channels. The result of researches is the identifying of some points of the developing countries and of the countries with economical transformations.