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.
Reform Watch
VoxUkraine: Why is Ukrainian economy still regulated
In the largest annual leap since 2014, Ukraine climbed seven spots this year in the Doing Business ranking released on Oct. 24, 2019 by the World Bank.
