Zelenskiy’s bad economics: Inflation and devaluation will not help Ukraine grow”

Monday, August 3, 2020
Zelenskiy’s bad economics: Inflation and devaluation will not help Ukraine grow”

Zelenskiy’s bad economics: Inflation and devaluation will not help Ukraine grow” headlines an Atlantic Council Ukraine Alert blog by Anders Aslund. “High inflation and depreciation will not stimulate growth” the economist writes from Washington. “On the contrary, it will scare away both domestic and foreign investors”… Despite government assurances to the contrary, it would appear that the Zelenskiy administration has abandoned the idea of an independent central bank, which is a key condition for further cooperation with the IMF.”

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