Sunday 15 February 2015

Guest post: Ukraine must fix itself | beyondbrics

Guest post: Ukraine must fix itself | beyondbrics:



"Are things finally turning around for Ukraine? In the space of a few hours on Thursday, a cease-fire with the Kremlin-sponsored separatists was agreed in Minsk, and the International Monetary Fund (IMF) pledged $17.5bn in financial assistance to the government as part of a package from various donors totalling $40bn.



The events on Kiev’s Maidan last year opened a window of opportunity to stop the economic, social and human devastation of Ukraine by its own political elites. The popular will to stop corruption and fix the country’s political and economic institutions was palpable. Two successive governments of Prime Minister Arseniy Yatsenyuk have included a number of promising reformists, raising hopes that this time might be different.



The prospect of Ukraine’s transformation from a client state run by gangsters into a successful market democracy would set a precedent for the region – most importantly for Russia. That might be the best explanation for Vladimir Putin’s ongoing military escapade in Donbass."



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