Ukraine’s Economic Reforms: What Worked, Failed and Remains
Anders Åslund, Senior Fellow, Atlantic Council
Artem Shevalev, Alternate Board Director for Ukraine, European Bank for Reconstruction and Development; Deputy Minister of Finance, Ukraine (2015-16)
Ukraine’s economy is in need of deep structural reform. Despite diverse natural resources, a well-educated workforce and direct proximity to the EU market, poverty remains rife. 25 years of failure to reform have led to a sizeable shadow economy, endemic corruption, excessive monopolization and unattractiveness to foreign investors. Furthermore, the Ukrainian government estimates that the war with Russia has destroyed 20% of the country’s economic potential.
The panel will discuss the economic reforms undertaken since 2013 and review what further steps are needed to restore growth, attract investment and build a solid economic foundation.