Anders Aslund is a senior fellow at the Atlantic Council. He is also an adjunct professor at Georgetown University. He examines the economic policy of Russia, Ukraine, and Eastern Europe, as well as focuses on the broader implications of economic transition.
Editor’s Note: This column was originally published in Russian by Forbes Ukraine magazine at the following link. http://forbes.ua/opinions/1344648-novomu-glave-nbu-nelzya-idti-po-stopam-arbuzova. The English version is reprinted here with the author’s permission.
Most of the time, the policy of the National Bank of Ukraine has not
been very beneficial for the nation and its economy, but the present
policy represents a low-water mark.
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