UkraineAlert
Apr 26, 2019
What is wrong with the Ukrainian economy?
By
Anders Åslund
Construction is booming in Kyiv, Ukraine, but not the rest of the economy. A major reason is that Ukrainians with some extra savings do not put their money into banks but buy additional apartments instead. Others keep their savings in cash. On average, Ukrainian MPs keep $700,000 at home. Those who have a lot of […]