State-owned enterprises remain Ukraine’s Achilles’ heel. They are where political corruption spirals out of control with cronyism and backroom deals, and it is time to put an end to it. Privatization is the only real solution. No one has ever been popular by selling state assets and the timing is never right. Yet these companies continue to lose market share and customers, their losses only grow, and their market value goes down with every passing year. A swift privatization process with strict adherence to professional and transparent standards will not only fight corruption—the number one obstacle to Ukraine’s success—but will …read more
Source: Atlantic Council
