“How Ukraine Lost it Investment Paradise,”
Wednesday, April 14, 2021
headlined an article in the National Interest that blames the nation’s plummeting foreign investment on “Ukrainian authorities [falling] into the same trap of keeping their system semi-reformed, leaving Ukraine in economic and social stagnation.” Noting that foreign direct investment fell from $4.5 billion in 2019 to $400 million last year, the authors charge: “Ukraine’s top echelon has been sliding back to corruption after short reboot attempts undertaken during fall 2019—winter 2020.” The piece was written by Oleksiy Honcharuk, Ukraine’s Prime Minister until one year ago and Roman Waschuk, the Canadian Ambassador to Ukraine until 2019.