Reviving Ukraine’s Economy
In order to consolidate its authority, the new government will need to act fast and resolutely – and receive considerable international support – to overhaul the country’s crisis-ridden economy. Fortunately, with President Viktor Yanukovich out of the way, much of the problem – unprecedented embezzlement – has already been resolved.
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WASHINGTON, DC – Ukraine has suddenly arrived at a democratic breakthrough. After former President Viktor Yanukovych incited major bloodshed, many of his MPs defected to the opposition, creating a large majority. In order to consolidate its authority, whatever new government emerges will need to act fast and resolutely – and receive considerable international support – to overhaul the country’s crisis-ridden economy.