Economists propose to deregulate business, lower taxes, privatize state property, and reduce the state’s influence on the economy, which will encourage entrepreneurs to open their businesses in Ukraine, reported the UNIAN.
To speed up economic development, analysts advise liberalizing business activities and opening markets where it is difficult to develop one’s own business: education, health care, energy, etc. Similar steps are needed where state monopolies exist: railway transport, energy, and infrastructure. It is desirable to privatize state property, but this will happen by itself if markets are opened for entrepreneurs. If it is possible to eliminate serious state interference in the economy, then Ukraine will be in for a real economic miracle.
“Today, the demand for the free market is great. If we achieve economic freedom, we will forget about the need to work with the IMF, as we will have trillions in investments,” believes Yaroslav Romanchuk, head of economic reforms of the Office of Simple Solutions and Results.