Economic Performance and Political Choice in Ukraine
Articles
Sergii Slukhai
Taras Shevchenko National University of Kyiv, Ukraine
https://orcid.org/0000-0001-8839-2042
Nataliia Slukhai
Taras Shevchenko National University of Kyiv, Ukraine
https://orcid.org/0000-0003-4428-5514
Olena Bazhenova
Taras Shevchenko National University of Kyiv, Ukraine
Published 2022-05-09
https://doi.org/10.15388/Ekon.2022.101.1.6
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Keywords

economic vote
political choice
Ukraine

How to Cite

Slukhai, S. , Slukhai, N. and Bazhenova, O. (2022) “Economic Performance and Political Choice in Ukraine”, Ekonomika, 101(1), pp. 102–124. doi:10.15388/Ekon.2022.101.1.6.

Abstract

In this article the economic performance as a factor that determined the political choice of Ukrainians has been analyzed. It is proven by a panel model that, unlike the countries with developed democracies, a retrospective economic vote in presidential elections was not observed in Ukraine; it turned out to be prospective instead with regard to the last (year 2019) presidential election. The authors presented a set of reasons which could explain such situation: lack of democratic experience, relying on heuristics and emotions, low public mood among the others. It has been demonstrated that Ukrainians’ political choice in 2019 has some consequences for the economy, which may contribute to the loss of a nation’s development guidelines for a certain period of time and subsequent social disappointment.

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