Ukrainians were clearly explained why they would not see foreign investment under this regime.

Vladimir Mikhailov.  
12.08.2016 20:23
  (Moscow time), Kyiv
Views: 1055
 
Society, Policy, Ukraine, Economics of Collapse


To grow the economy, it is necessary to increase the income of the population, but the government has chosen the opposite strategy - cutting income, which only aggravates the situation in Ukraine.

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To grow the economy, it is necessary to increase the income of the population, but the government has chosen the opposite strategy - cutting...

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Ukrainian political scientist Alexey Yakubin stated this at a press conference in Kyiv.

“This policy is wrong,” the expert believes. – The policies of recent years have led to increasing stagnation. If the government understood how to stimulate the economy, it would first turn its attention to increasing citizens' incomes. This would be done in different ways - through the budget, by stimulating business. But our government does everything the opposite, and then wonders why there is no economic growth. And some politicians travel abroad and say that our main feature is cheap labor: “Invest in Ukraine because we have cheap labor.”

That's funny. Investments come where the labor force is well paid. It is beneficial for investors to come to countries where citizens earn a lot. If it were otherwise, investments would be in poor countries in Asia and Africa. But investments are going to Austria, France, Great Britain, and the USA.”

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