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What the West Owes Ukraine - new article by Anders Åslund

What the West Owes Ukraine – new article by Anders Åslund

April 23, 2015

Project Syndicate published an article of Anders Åslund, Senior Advisor to the KSE Board of Directors; Peterson Institute for International Economics. In the article Anders strongly argue for more Western financial support for Ukraine.

What the West Owes Ukraine

WASHINGTON, DC – Ukraine may not be grabbing as many headlines now as it did a year ago, but the crisis there is far from over. The latest ceasefire agreement, concluded in Minsk in February, has contained, but not stopped, Russian military aggression. And, though the stabilization program that Ukraine agreed with the International Monetary Fund last month is superior to last year’s deal – this one includes both more financing from the IMF and a more credible economic-reform plan from the government – it will be insufficient to repair the country’s economy. What Ukraine really needs is to escape the old Soviet order – and, for that, it needs the West’s help.

The whole article is available here