Privatization and Stopping Corruption: Ukraine’s Path to a Freer Market
291 views · Published 17 February 2017 · 14:14 · Indexed 10 November 2026
Channel: UATV English · 2017 · News & Politics
Independent directors will allow for transparent and efficient privatization of state owned enterprises, says Eric Hontz, Program Manager for Eurasia at the Center for International Private Enterprise in Washington D.C. Mr. Hontz stated that the implementation of economic reforms is being driven by internal reformers and large international donors, and that the privatization process should not be done rapidly because, without proper oversight, insiders may have an unfair advantage. He commented that small and medium sized businesses in Ukraine are still plagued with excessive regulations and governmental bureaucracy.
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