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Independence

Mikhail Gorbachev pursued a policy of limited liberalization of public life, known as perestroika, and attempted to reform a stagnating economy. The latter failed, but the democratization of the Soviet Union fuelled nationalist and separatist tendencies among the ethnic minorities, including Ukrainians. As part of the so-called parade of sovereignties, on 16 July 1990, the newly elected Supreme Soviet of the Ukrainian Soviet Socialist Republic adopted the Declaration of State Sovereignty of Ukraine. After a failed coup by some Communist leaders in Moscow at deposing Gorbachov, outright independence was proclaimed on 24 August 1991. It was approved by 92% of the Ukrainian electorate in a referendum on 1 December. Ukraine's new President, Leonid Kravchuk, went on to sign the Belavezha Accords and made Ukraine a founding member of the much looser Commonwealth of Independent States (CIS), though Ukraine never became a full member of the latter as it did not ratify the agreement founding CIS. These documents sealed the fate of the Soviet Union, which formally voted itself out of existence on 26 December.

Ukraine was initially viewed as having favourable economic conditions in comparison to the other regions of the Soviet Union, though it was one of the poorer Soviet republics by the time of the dissolution. However, during its transition to the market economy, the country experienced deeper economic slowdown than almost all of the other former Soviet Republics. During the recession, between 1991 and 1999, Ukraine lost 60% of its GDP and suffered from hyperinflation that peaked at 10,000% in 1993. The situation only stabilized well after the new currency, the hryvnia, fell sharply in late 1998 partially as a fallout from the Russian debt default earlier that year. The legacy of the economic policies of the nineties was the mass privatization of state property that created a class of extremely powerful and rich individuals known as the oligarchs. The country then fell into a series of sharp recessions as a result of the 2008 global financial crisis, the start of the Russo-Ukrainian War in 2014, and finally, the full-scale invasion by Russia in starting from 24 February 2022. Ukraine's economy in general underperformed since the time independence came due to pervasive corruption and mismanagement, which, particularly in the 1990s, led to protests and organized strikes. The war with Russia impeded meaningful economic recovery in the 2010s, while efforts to combat the COVID-19 pandemic, which arrived in 2020, were made much harder by low vaccination rates and, later in the pandemic, by the ongoing invasion.

From the political perspective, one of the defining features of the politics of Ukraine is that for most of the time, it has been divided along two issues: the relation between Ukraine, the West and Russia, and the classical left-right divide. The first two presidents, Kravchuk and Leonid Kuchma, tended to balance the competing visions of Ukraine, though Yushchenko and Yanukovych were generally pro-Western and pro-Russian, respectively. There were two major protests against Yanukovych: the Orange Revolution in 2004, when tens of thousands of people went in protest of election rigging in his favour (Yushchenko was eventually elected president), and another one in the winter of 2013/2014, when more gathered on the Euromaidan to oppose Yanukovych's refusal to sign the European Union–Ukraine Association Agreement. By the end of the protests on 21 February 2014, he fled from Ukraine and was removed by the parliament in what is termed the Revolution of Dignity, but Russia refused to recognize the interim pro-Western government, calling it a junta and denouncing the events as a coup d'état sponsored by the United States.

Even though Russia had signed the Budapest memorandum in 1994 that said that Ukraine was to hand over nuclear weapons in exchange of security guarantees and those of territorial integrity, it reacted violently to these developments and started a war against its western neighbour. In late February and early March 2014, it annexed Crimea using its Navy in Sevastopol as well as the so- called little green men; after this succeeded, it then launched a proxy war in the Donbas via the breakaway Donetsk People's Republic and Luhansk People's Republic. The first months of the conflict with the Russian-backed separatists were fluid, but Russian forces then started an open invasion in Donbas on 24 August 2014. Together they pushed back Ukrainian troops to the frontline established in February 2015, i.e. after Ukrainian troops withdrew from Debaltseve. The conflict remained in a sort of frozen state until the early hours of 24 February 2022, when Russia proceeded with an ongoing invasion of Ukraine. Russian troops control about 17% of Ukraine's internationally recognized territory, which constitutes 94% of Luhansk Oblast, 73% of Kherson Oblast, 72% of Zaporizhzhia Oblast, 54% of Donetsk Oblast and all of Crimea, though Russia failed with its initial plan, with Ukrainian troops recapturing some territory in counteroffensives.

The military conflict with Russia shifted the government's policy towards the West. Shortly after Yanukovych fled Ukraine, the country signed the EU association agreement in June 2014, and its citizens were granted visa-free travel to the European Union three years later. In January 2019, the Orthodox Church of Ukraine was recognized as independent of Moscow, which reversed the 1686 decision of the patriarch of Constantinople and dealt a further blow to Moscow's influence in Ukraine. Finally, amid a full-scale war with Russia, Ukraine was granted candidate status to the European Union on 23 June 2022. A broad anti-corruption drive began in early 2023 with the resignations of several deputy ministers and regional heads during a reshuffle of the government.