Reducing the state’s role in the economy will accelerate Ukraine’s European integration.

This is the opinion of analysts from the US non-governmental organization, Atlantic Council, which studies international relations and security issues. They refer to a report from the European Commission, which states that Ukraine’s fate largely depends on the achievement of specific goals and the implementation of several reforms. Generally speaking, these include the reduction of the state’s role in the economy, the fight against corruption, the improvements in the judicial system’s efficiency, and the strengthening of property rights’ protection.

“To attract large investments, particularly private investments, Ukraine will have to move from a military economy to a strategy for the growth of the private sector“, experts said.

The Atlantic Council pointed out not that the state’s role in Ukraine’s economy was too high even before the full-scale invasion of Russia but that the mobilization of the economy further strengthened the influence of the public sector. Therefore, investors’ confidence may be undermined due to the weakening of property rights.