Ukraine-Economy By Juantrile Period: Mar 11, 1922 to Oct 11, 1991 USSR the second largest economy of the Soviet Union Mar 11, 1990 economic policies brought the country to inflation and hyperinflation Mar 11, 1991 Product Shortage Mar 11, 1991 the government liberalised most prices to combat widespread product shortages Mar 11, 1993 world record for inflation in one year Mar 11, 1996 New Currency (Grivna) Mar 11, 1999 Gross domestic product falls at least 40% of the level in 1991 Mar 11, 2000 increase in exports Mar 11, 2000 Industry increase Mar 11, 2006 It is recovering in late 2006 slightly above 100% Mar 11, 2008 the International Monetary Fund lent them 16,500,500 Period: Mar 11, 2008 to Mar 11, 2009 economic crisis