Feedback

Ukraine's economy after elections: Why everything will be fine

Author : Oleg Ustenko

Belief in a better future is associated with significant events in history. The election of the president is such a landmark milestone
23:27, 2 April 2019

Ukraine's election results
Open source

People always tend to believe that the future will be better than the present.

Belief in a better future is associated with significant events in history. The election of the president is such a landmark milestone.

Change of power is almost always associated with new opportunities for the future.

"A new servant of people" - no matter who he is after the second round - gives us a signal that a new "window of opportunity" is reopening.

These expectations are not necessarily rational, but they will take place.

Economics is not just numbers. It is also expectations. And these expectations can create miracles. Just recall the ups and downs in investment activity during Yushchenko’s term (reforms were not introduced, but investments grew). Even minor positive moves will be accompanied by a multiplier effect.

Related: 2,500 Crimeans to serve in Russian army


The ability to accelerate the economic development of a country depends on the ability of the new president to "saddle" these expectations of a "bright future" arising from economic agents.

There can be quite a lot of positive signals for economic agents: a civilized transfer of power, wide support of the population, and the new faces among the ruling class.

 There will be no imbalance in the economic situation. Possible deviations will be nothing more than increased temporal volatility.

The intrigue about the possible results of the second round has gradually disappeared. There is a new intrigue - who will be the prime minister in the new configuration. Many have chances for this (including Ukraine's PM Volodymyr Groysman). And even this - despite the already started "military actions" of participants in the process - gives grounds for optimism.

Related: Ukraine's elections 2019: Tymoshenko not to support Zelensky, Poroshenko in second tour

Related: Two Ukrainian fighters die in Donbas combat zone on April 2

 

 

 

Topics:
Система Orphus

If you find an error, highlight the desired text and press Ctrl + Enter, to tell about it

Comments
see more