The uncertainty around how much — and how soon — Ukraine might get help from international lenders is contributing to two real economic dangers facing the country: a default on its debts and a radical slashing of the budget. Ukraine’s friends — the United States and European governments — need … More >
By Yuriy Gorodnichenko, Associate Professor of Economics; Gerard Roland, Professor of Economics; and Edward W. Walker, Associate Adjunct Professor of Political Science
Since Russia’s annexation of Crimea, tensions between Russia and the West have not abated. Nonetheless, it has been striking how much support Putin still enjoys in Europe, from intellectuals … More >
By Yuriy Gorodnichenko and Gerard Roland (UC Berkeley)
There is every evidence that Russian troops are fighting the Ukrainian army on the Ukrainian soil. This Russian invasion is a further escalation of the war between Ukraine and Russian-sponsored separatists and terrorists in the East of Ukraine. As soon as the Ukrainian … More >
I flew to Ukraine on July 16, 2014. It was a typical flight and travelers thought they could abstract from the war in the East of Ukraine. The next day changed everything. Pro-Russian separatists shot down MH17, a passenger airplane with 298 people aboard, 80 of which were children.
This is an … More >
At 10 am on Monday, June 16, 2014, Gazprom, a Russian gas monopoly, cut off supplies of gas to Ukraine. This is the third time in the last ten years when Gazprom has tried to use a cut-off to force the Ukrainian government to accept a deal it did not … More >
Ukraine is living through most trying times: Maidan protests, snipers killing dozens of unarmed protesters, the fall of Viktor Yanukovych’s regime, near-default of the government, Russian annexation of Crimea, and Russian-sponsored separatist mutiny in Ukraine’s East.
With the victory of the February revolution, the new government, and the new elected president … More >
The Russian invasion into Crimea sent the Russia-West relationship to the lowest point in a long time and many commentators talk about the return of the Cold War: although Russian media talked about turning America into radioactive dust, few want to have a military conflict in Europe and yet the Russian aggression has … More >
By Yuriy Gorodnichenko and Gérard Roland
By ordering the covert invasion of Crimea, Russian President Putin created an extremely tense situation not only in Ukraine but also in the rest of Europe. The official motivation for his actions, i.e. to defend Russians living in Ukraine, is a sham. There is no … More >
By Gérard Roland and Yuriy Gorodnichenko*
Feb. 27, 2014: Ukraine’s ‘February Revolution’ is threatened by the nation’s dire economic straits. The column discusses short- and long-term changes that are necessary to get the nation through this crisis and back on the track to stability.
Although it is only a few days after … More >