Seminarreihe des Arbeitsbereichs Ökonomie am IOS
Zeit: Dienstag, 13.30–15.00 Uhr
Ort: Leibniz-Institut für Ost-und Südosteuropaforschung (IOS); vorerst online via Zoom, Link wird mit den Einladungen verschickt!
Forschungslabor: „Geschichte und Sozialanthropologie Südost‐ und Osteuropas“
Zeit: Donnerstag, 14–16 Uhr (Lehrstuhl) oder 16–18 Uhr (Graduiertenschule und Leibniz-WissenschaftsCampus)
Ort: WiOS, Landshuter Str. 4 (Raum 017)
In 2010, Ukraine still is a laggard in many respects of economic reform. The Orange Revolution did not keep its promises. With a victory of the "blue" camp and the end of the political turmoil in the beginning of the year, the window of opportunity for reforms has opened again. Indeed, in June, the president released a new and comprehensive reform programme. Will it work?
The oligarchic structure of the economy with strong linkages between business elites and politics may once again exert its negative influence on reform performance of Ukraine. Consequences for the economy would be disastrous in the long run. Oligarchs use their financial potential in persuading politicians to create barriers against new entrants. And oligarchs engage in charity, but evade regular taxation. Social services, education, health care, and public infrastructure keep on deteriorating, as it can be observed in Ukraine since its independence.
With oligarchic power unbroken, the Ukrainian economy can grow for some time as it did before the financial crisis, but in the long run, will fall back against other innovative and efficiently managed economies. The new Reform Programme is probably the last chance for Ukraine to avoid losing its connection to Europe.
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