According to the Fraser Institute’s updated “Economic Freedom of the World” report, Ukraine has left the group of the most economically unfree countries. The report measures the level of support for economic freedom by countries’ institutions and policies in five areas: the size of government, the rule of law and the protection of property rights, sound money, the freedom of international trade, and the regulation of the labor market and business.
We are slowly but surely approaching the mark of a year and a half since Russia launched the full-scale invasion of Ukraine. During this time the necessity to track direct and indirect damage caused by it has become both a priority and an enormous challenge for numerous Ukrainian and international organizations. One thing is already clear – we will be doing the math long after the war is over.
You might be familiar with a popular phrase often used jokingly «The patient is more dead than alive». However, when used as an economic diagnosis for Ukraine, it is no laughing matter. Today’s destruction of the Kakhovka Hydroelectric Power Plant (HPP) is making an already very tough situation a lot worse for a number of reasons.