Ukraine should have been a prosperous, middle-income country by now. Instead, it is one of the poorest in Europe. Ukrainians are only slightly richer than Moldovans.
Since Ukraine’s independence, we, as members of the diaspora, have had a keen interest in the country’s development. With the disintegration of the Soviet Union, there were great expectations that the economic stagnation imposed on Ukraine by the Communist system would be a thing of the past. With its abundance of natural resources and human potential, we thought that Ukraine would evolve rapidly into a prosperous European nation.
