CSE and CIS
The Ukrainian authorities are trying to create an image of a country of reforms and strong anti-corruption attitude. The well-known economist Arthur Laffer is going to help the government, because without reforms Ukraine cannot count on further financial assistance.
As public money flows into venture capital funds in Poland, the supply of available financing is larger than the pool of projects fit for investment. One solution to this problem would be to engage start-ups from east of the Polish border.
Ukraine could be firmly back on its legs within a few years with a reasonable support of the West, despite all its current problems. But this requires a change of the mindset of the ruling class – a challenge far greater than obtaining the funds.
Ukraine's Maidan revolution, the seizure of Crimea by Russia, war against Russian-backed separatists in the east of the country and a deep economic recession have sent a torrent of Ukrainians either seeking shelter elsewhere in Ukraine or escaping east to Russia or west to the EU in search of a better and safer life. The figures are devastating: over 850,000 internally displaced persons and many more who have fled abroad.