It is our pleasure to announce that CASE Ukraine just released their own Price of the State with the Ukrainian data located at http://costua.com/en/.
The EU’s new economic Agreements with Georgia, Moldova and Ukraine could have a major geopolitical impact on Europe’s relationship with Russia.
Who has caused the crash of a malaysian boeing? Putin, little green people? Not really. We all did. The European Union, NATO, UN, international community – everyone.
Ukraine shows that, when pressure is applied, Potemkin institutions reveal themselves for what they really are. The lessons for countries in the neighborhood, most of all Russia, should be apparent, as, although there are major differences between Ukraine and its anxious neighbor, at the most fundamental levels, the institutional stagnation is the same.
On June 27, 2014, Petro Poroshenko, newly elected President of Ukraine, will sign the economic part of the Association Agreement with the EU, political part of which was signed in March 2014. Same day Georgia and Moldova will also sign the Association Agreements with the EU.
In March, Russia annexed Crimea, a peninsula with population of 2.4 m in the south of Ukraine, after it failed to divert Ukraine from the course for European integration. The escalation in Donbas could have been a first step of a large scale Russian intervention into the mainland Ukraine.
In Ukraine, the main channel of the impact of remittances on GDP is consumption. The scope of impact depends on two factors – the marginal propensity to save and the propensity to purchase imported goods and services.
From among the EU member-states, the Hungarian government used the most lenient approach to the Russian operations in Ukraine. The opposition parties’ immediate reactions to these events made the government party express its opinion too.
That is, economy. The West has all the necessary means at its disposal to stop Putin from breaking the law. It only lacks the will to do so.
Ukrainians today are more serious about liberal democracy than many Europeans have been for a long time. The traditional values of Europe – self-reliance, self-determination – today are much stronger in the Maidan square than in parts of, say, Greece.