Jamestown Foundation: Electoral populism in Ukraine prevails over economic wisdom
Dominique Strauss-Kahn

Jamestown Foundation: Electoral populism in Ukraine prevails over economic wisdom

Nov 5, 2009 at 07:41
Pavel Korduban writes:Electoral populism clearly prevails over economic wisdom in Ukraine ahead of the presidential election. Consequently, the IMF faces a difficult choice. If Ukraine does not receive the loan tranche expected in the middle of November, its national currency, which lost some 40 percent of its value in late 2008 and early 2009, will again fall making economic recovery slower and more painful. If the IMF turns a blind eye to Kyiv’s failure to abide by its conditions, the IMF’s prestige will suffer and Ukraine’s finances will be further unbalanced prompting it to seek additional international loans, including from the IMF. Read the story here.

Web links to Kyiv Post material are allowed provided that they contain a URL hyperlink to the www.kyivpost.com material and a maximum 500-character extract of the story. Otherwise, all materials contained on this site are protected by copyright law and may not be reproduced without the prior written permission of Public Media at news@kyivpost.com

All information of the Interfax-Ukraine news agency placed on this web site is designed for internal use only. Its reproduction or distribution in any form is prohibited without a written permission of Interfax-Ukraine.

Design & Development by MEMO.UA