Land Reform Should Be Next
April 27 was a bellwether day for economic reform in Ukraine. Prime Minister Volodymyr Groysman announced that the cabinet has decided to unify natural gas prices in Ukraine to a single market price for both retail and industrial users. Effectively, this implies increased prices for the retail consumer that will be offset by subsidies for individuals with low incomes. If ratified by the Verkhovna Rada, Ukraine’s parliament, this reform would be a major triumph of economic realism over populism and the agents of corruption.With a single market price for gas comes a whole list of benefits …read more
Source: Atlantic Council