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An Economic Strategy to Save Ukraine

Author

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  • Anders Aslund

    (Peterson Institute for International Economics)

Abstract

Ukraine has experienced a year of unprecedented political, economic, and military turmoil. The combination of Russian military aggression in the east and a legacy of destructive policies leading to pervasive corruption has plunged the country into an existential crisis. The West, meanwhile, has been largely paralyzed with uncertainty over how to assist Ukraine without reviving Cold War hostilities. Yet all is not lost for Ukraine. The successful elections of President Petro Poroshenko in May and a new parliament in October offer an opportunity for economic reform, despite the continuing military threat. The window of opportunity is likely to be brief, however. The new government will have to act fast and hard on many fronts to succeed. Åslund lays out the strategy.

Suggested Citation

  • Anders Aslund, 2014. "An Economic Strategy to Save Ukraine," Policy Briefs PB14-24, Peterson Institute for International Economics.
    • Handle: RePEc:iie:pbrief:pb14-24
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    File URL: https://www.piie.com/publications/policy-briefs/economic-strategy-save-ukraine
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    References listed on IDEAS

    as
    1. Anders Aslund, 2015. "Ukraine: What Went Wrong and How to Fix It," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 7014, January.
    2. Anders Aslund & Valdis Dombrovskis, 2011. "How Latvia Came through the Financial Crisis," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 6024, January.
    3. Anders Aslund & Simeon Djankov (ed.), 2014. "The Great Rebirth: Lessons from the Victory of Capitalism over Communism," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 6970, January.
    4. Aslund,Anders, 2013. "How Capitalism Was Built," Cambridge Books, Cambridge University Press, number 9781107026544, October.
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