Here is the list according to FT (with minor comments from UR):
1) Renew IMF aid package for Ukraine, which means undertaking two unpopular tasks - cutting budget and increasing gas price. As of now both candidates are uneasy saying what they going to do if elected.
2) Paying monthly gas bill to Russia.
3) Investment climate improvement. Ukraines business climate is notoriously bad and improving it is a first priority. At least stabilizing politics will greatly help.
4) Reforming pension system.
5) Seek new growth sources to overcome economy's high dependence on export-oriented sectors, such as steel and chemical industries.
6) Improving public services and infrastructure.
7) Fighting corruption.
There is no point in arguing with this list - it is all true. As it was just 5 years ago (take away the IMF program and the gas bill). The trick in Ukraine is not the lack of knowledge of what needs to be done - most of things are well explained in numerous reports - but the ability to implement the necessary actions. To do that the new president will have to work on the foremost issue - making the state machine able to get things done, preferably according to a mid-term plan.
add decentralisation and administrative-territorial reform to the list ... which could use at least 10 more points :)
ReplyDeleteAnonymous:
ReplyDeleteIndeed, however, keeping priorities in some manageable number is also important :)