Foreign Policy quotes Dinu Patriciu Eurasia Center Resident Senior Fellow Anders Aslund on the economic benefits of privitization of state-owned enterprises in Ukraine:

The single greatest benefit of privatization is that it would assist Ukraine’s desperate battle to free its governing institutions from the baleful influence of corrupt oligarchs. Prime Minister Arseniy Yatsenyuk has noted that “state companies have essentially fallen into the private hands of one political group or another.” Anders Aslund of the Atlantic Council agrees, arguing that the majority of Ukraine’s state-owned enterprises “have a shadow proprietor who taps them on money through opaque procurement or transfer-pricing schemes.”


According to Aslund, until recently, Ukraine’s government-subsidized household prices for gas were only 12 percent of its actual market price.

Read the full article here.

Related Experts: Anders Åslund