How Ukraine Became a Market Economy and Democracy

Denied membership to the European Union due in part to its continued struggle for legitimacy in the international community, Ukraine remains a country in transition. In this clear, accessible account of Ukraine's political and economic metamorphosis, noted expert on the post communist transformation [...]
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Denied membership to the European Union due in part to its continued struggle for legitimacy in the international community, Ukraine remains a country in transition. In this clear, accessible account of Ukraine's political and economic metamorphosis, noted expert on the post communist transformation Anders Aslund provides a chronological guide to the evolution of a country known for its diverse regions. Who propelled its independence and successive reforms and shaped the current structure of the country today? The author identifies the protagonists and leaders who have formed the country's regimes in this fast-paced drama and analyzes how constant governmental transitions affected the electoral process and the achievement of a parliamentary-based system. In response to Ukraine's independence from Russia, a number of measures were enforced to instill economic stability and reverse. This book examines the specific facets of political and economic reform, including currency reform, privatization, deregulation, and the gas trade. In addition, Aslund analyzes the level of societal reform, addresses the incidence of crime, and measures the impact of law enforcement.Finally, he discusses Ukraine's integration in the international organizational hierarchy, particularly with respect to NATO and the WTO. "How Ukraine Became a Market Economy and Democracy" is fast-paced, easy-to-read analysis that traces the country's transformation into a market economy and democracy and assesses the ultimate repercussions of this gradual political rebirth on Ukraine's governmental and societal architecture.