... nation-building mechanisms. That’s why a real evolution of Ukrainian political transformations can only be achieved if the process is approached in rational and logical terms and complete with practical implementations of professional political and legal reforms.
In the second chapter, the authors apply a systemic approach to describe the directions of required constitutional changes that are essential to Ukraine’s political progress: decentralization, strengthened independence of the judiciary, balanced separation of political power, and guarantees of civil rights and freedoms.
In chapters three and four, the experts identify a legal framework for ...
... credit-default swap spreads (%)
Source:
Sovereign Defaults Probabilities Online
/ [Electronic resource] / Deutsche Bank Research
For Russia, the threat of default emanates largely from the drop in oil prices and high refinancing rate, which hinders business. Ukraine, by contrast, requires an immediate infusion of funds to make payments to the private sector.
Reforms and/or money?
REUTERS/Fabrizio Bensch
German Chancellor Angela Merkel talks to
Foreign
Minister Frank-Walter Steinmeier and
Economy
Minister Sigmar Gabriel during a
debate of the
Bundestag, the lower house of
parliament, in Berlin, Germany, ...
... democracy
Ukraine has entered a new stage in its long and so far uncompleted democratization process, searching once again for a balanced model of governance and a strong basis on which to carry out the many, much-needed political, economic and civil reforms. Ukraine’s road to its model of democracy, as seen in many former Soviet states, is proving to be a non-linear process involving different development vectors. Although the successful promotion of democracy depends on the type of political system ...
... improve democratic institutions, rule of law, and respect for human rights - words that look nice on paper – will be difficult to operationalize. Specific and attainable reforms must be identified, prioritized, and implemented in order to prevent Ukraine from stalling at the start.
Two initial reforms, outlined below, are essential. First, constitutional reform is required to establish a clear balance of power – providing much needed structure in an unstable political environment. Second, Ukraine must move away from energy subsidies for ...
