| Author (Person) | Berglof, Erik |
|---|---|
| Series Title | Intereconomics |
| Series Details | Vol.50, No.3, May-June 2015 |
| Publication Date | May 2015 |
| ISSN | 0020-5346 |
| Content Type | Journal | Series | Blog |
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The Ukrainian government has committed to implement far-reaching reforms in exchange for the support it is getting from the international community, led by the International Monetary Fund (IMF). Understandably, given Ukraine's disappointing transition history, there is widespread scepticism on whether the country will live up to its commitments. Three failed IMF programmes later, the fundamental question is: Is it different this time? The author concludes 'The battle over the future of reform in Ukraine is far from won, but real progress has been made. For the first time since the transition started, Ukraine has a machinery in place that can support reform and a clear sense of direction. Momentum can be sustained by a stronger sense of national identity, and additional fuel comes from an energised civil society. Even if a true truce with Russia and the separatists seems elusive, there are signs that the grip of the oligarchs is loosening, in part due to internal conflicts among them. For Ukraine, this time is different'. |
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| Source Link | Link to Main Source http://www.intereconomics.eu/archive/year/2015/3/why-this-time-is-different-for-ukraine/ |
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| Countries / Regions | Ukraine |
