IMF Deal is the Only Way Out

UKRAINE - Report 27 Nov 2014 by Vladimir Dubrovskiy and Dmytro Boyarchuk

Executive SummaryUkraine is waiting for the creation of a new coalition. A great deal is riding on the effectiveness and efficiency of the Parliament and the new Cabinet. The parties, now negotiating coalition terms, can create a constitutional majority in Parliament, and in that case won’t have obstacles to pushing forward with radical domestic changes. Still, there is no guarantee that reforms will be launched, or that politicians will be eager to carry forth the painful process of transformation. Only pressure from the IFIs and civil society activists are seen as potential triggers to pu...

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