An­ders As­lund: Why in­vest in Ukraine?

Kyiv Post Legal Quarterly - - Contents - AN­DERS AS­LUND

Those who have in­vested in Ukraine so far have not been very happy with their re­turn.

At pre­sent, Ukraine’s gross do­mes­tic prod­uct is about $85 bil­lion, ap­prox­i­mately one-eighth of Poland’s GDP. The re­turn on in­vest­ment has been in pro­por­tion to that. Will things change? You can never be sure, but like be­fore, Ukraine holds great prom­ise. Af­ter all, this coun­try is lo­cated right in the mid­dle of Europe. It has a well-ed­u­cated and un­der­em­ployed la­bor force. And what­ever else you call the Ukrainian econ­omy, it’s still a mar­ket econ­omy.

While that sounds good, what in­cen­tive is there for for­eign or Ukrainian investors to pour money into the coun­try at this time? What has changed?

A man plows his gar­den in Sumy Oblast on April 26. (UNIAN)

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