One of the lessons learnt from the global recession is the importance of useful economic alliances.

Experts have been lining up give advice to the new President on how to reform the economy and even more. Still, all their solutions either relate to non-priority areas or look like political suicide.

Today Kiev held a television debate, whose participants tried to find out if Ukraine can successfully combat the economic crisis without Russia.

It may be no coincidence that on the day of Mr. Yanukovych’s inauguration, the Foundation for Effective Governance in partnership with the UK-based Intelligence Squared held a public debate. Yet its motion “Ukraine will not overcome the economic crisis without Russia” seemed far-fetched and even somewhat offensive for our country. Why did not the motion sound: “Russia will not overcome the economic crisis without Ukraine?” At least it would have sounded more politically correct in Kyiv.

February 18-21, 2010 – More than one hundred experts on bankruptcy participated in the conference dedicated to the tenth anniversary of the Law “On Restoring Solvency or Declaring Debtor Bankrupt”. The key subject for discussion at the conference was introduction of the best international bankruptcy practice in Ukraine.

Kyiv, February 25. Under new, post-crisis conditions, Ukraine should concentrate its efforts on improving the investment climate and creating the most favorable conditions for both foreign and domestic inward investors and for all its foreign economic partners.

Current crisis has revealed inadequacy of the market’s invisible hand. That is why the countries should keep a watchful eye on rehabilitation of the global economy. Pierre DeFraigne, Executive Director of the Madariaga, the College of Europe Foundation, an official of the highest public bodies of European Economic Community/European Union (1970-2005) told the Ekspert how the post-crisis capitalism should look like.

Senior Project Manager Andrei Lobach

Bankruptcy procedure for individuals registered as a Ukrainian sole proprietor business (SPD) requires legal regulation, first of all to protect the interest of creditors as banks can often block bankruptcy orders served on SPDs

Administrative-territorial reform and decentralization of power authority have been at the centre of discussions in Ukraine since 1990s. Local government is believed to be more efficient if it is capable to settle own problems