Tag: Leszek Balcerowicz
Ukrainian commentators are fairly sceptical in their assessment of the chances of two former deputy PM – Polish Leszek Balcerowicz and Slovac Ivan Miklos – who are to assist in reforming the Ukrainian economy. Considering the extremely difficult wartime conditions in the eastern and southern parts of the country, it will be hard to put through even the best reformist ideas.
A distinction must be made between the privatization of previously state-owned enterprises and the privatization of the market, for instance, through the creation of new, private, companies. This latter process has been a success with positive consequences for entire economy – says prof. Leszek Balcerowicz, author of the 1989 reforms.