Crawling Deregulation: Why Ukraine’s Economy is Still Heavily Regulated | VoxUkraine

Crawling Deregulation: Why Ukraine’s Economy is Still Heavily Regulated

Photo: depositphotos / macrovector
28 October 2019
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Having a history of enormous government involvement in the economy during the Soviet past, since gaining independence in 1991, Ukraine has been gradually reducing both government ownership and government intervention in the economy. However, in 2014, despite the efforts, Ukraine remained a rather regulated economy.

Figure 1. Doing business rank of Ukraine by pillars

Source: Doing business reports

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