The oligarchs whom Maidan promised to defeat are still in chocolate

04.06.2014 23:11
  (Moscow time)
Views: 815
 
Ukraine, Economy


Kyiv, June 04 (Navigator, Vladimir Mikhailov) – The concentration and monopolization of capital in Ukraine is one of the highest in the world. This is a serious problem that needs to be solved, says economist Valery Geets.

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“We are all worried about the future of Ukraine, but it largely depends not on external factors, but on internal ones,” the expert said at a round table in Kyiv.

“What is often not taken into account is that the degree of capital concentration in Ukraine is one of the highest in the world. If we take the number of billionaires in relation to GDP, we get one of the highest figures in the world, if not the highest. This means that the degree of monopolization of the Ukrainian economy is extremely high, simply impossibly high. And without demonopolizing capital and the economy, it will not be possible to move forward. It is absolutely clear that success on this path depends entirely on how effective the Ukrainian state will be,” says Valeriy Geets.

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