On challenges of building a modern, market economy:
Thursday, August 6, 2020
On challenges of building a modern, market economy: “Vested interests continue to resist reform— particularly, reform of the judicial and financial sectors. A strong, independent central bank has been critical to Ukraine’s remarkable macroeconomic success over the past several years. Its continued independence is crucial to a post-COVID-19 economic recovery and to international confidence in Ukraine’s economy… Ukraine needs to ensure a level playing field through transparent economic institutions that deter vested interests and break the stranglehold of corruption. Only when international businesses have real confidence in their investments will Ukraine realize its full economic potential.”