Ukraine will soon go to the polls, and the government’s new programme is naturally a key area for the current debate. The crisis hit Ukraine hard and Gross Domestic Product fell by 15 percent in 2009. The economy is now recovering, but economic growth will not return to pre-crisis levels anytime soon.
Ukraine went through a classic emerging-market crisis. It was too dependent on export of a few goods, mainly steel and metals, and it was too exposed to adverse development on international credit markets. The reform agenda set out by the new Ukrainian government is very ambitious. It covers wide areas and suggests a clear liberal direction for economic policy. Yet there are hesitations about the government’s ability to deliver on the reform pledges – and one of the concerns President Yanukovych. Is he really a reformer and not a Russian poodle that is rather embracing Putin-style economic policies?
You are cordially invited to a lunch seminar at which Fredrik Erixon will present his new paper on Ukrainian economic performance and reform programme.
RSVP by October 27 to email@example.com
Lunch sandwiches will be served during the seminar.