How Ukraine became a market economy and democracy.

Front Cover
......Page 1
Table of Contents......Page 2
Table of Contents (continued)......Page 3
Table of Contents (continued)......Page 4
Table of Contents (continued)......Page 5
Preface......Page 7
A Proud but Tragic National Legacy......Page 8
Society Wakes Up under Gorbachev......Page 12
Impact of Soviet Economic Reforms and Crisis......Page 20
Ch 2 Leonid Kravchuk: Nation-Building and Hyperinflation, 1991–94
......Page 26
National Independence......Page 28
Kravchuk as President......Page 31
Liberation from Russia......Page 32
Ukraine’s Denuclearization......Page 36
The Grand Bargain of Ukraine’s New Political Forces
......Page 38
Nationalist Economic Policy with 
Little Thought......Page 40
Prime Minister Kuchma: Aborted Reform......Page 42
Prime Minister Zviahilskiy: Unabashed Rent 
Seeking......Page 43
Hyperinflation and Economic Disaster......Page 45
Rent Seeking: Rationale of Ukraine’s Early Economic Policy......Page 52
Crimea: Threat of Secession......Page 53
Kravchuk: Father of the Nation......Page 55
Ch 3 Leonid Kuchma’s Reforms, 1994–96......Page 56
Parliamentary Elections, Spring 1994......Page 60
Presidential Elections, June–July 1994......Page 63
Kuchma Proclaims Radical Economic Reforms......Page 65
Financial Stabilization and Liberalization......Page 70
Currency Reform, September 1996......Page 72
Privatization Takes Off......Page 75
Adoption of the New Constitution, June 1996......Page 80
Economic Policy Reversal......Page 83
Limited but Effective International Assistance......Page 85
Kuchma Saved His Country......Page 87
Ch 4 Kuchma’s Stagnation, 1996–99......Page 90
Lazarenko’s Excesses......Page 91
Pynzenyk’s Abortive Program for Economic Growth......Page 94
Pustovoitenko: Passive Loyalist......Page 97
Kuchma’s Foreign Policy......Page 98
Intricacies of the Gas Trade......Page 102
Rise of the Oligarchs......Page 104
Crime and Law Enforcement......Page 110
Demise of Media Freedom......Page 112
Parliamentary Elections, March 1998......Page 114
Kuchma’s Reelection, October–November 1999......Page 116
Underreform Trap......Page 118
Ch 5 Viktor Yushchenko’s Reforms, 2000......Page 122
On the Verge of Default......Page 126
Oligarchs Opt for a Reform Government......Page 129
Government Reform......Page 130
Financial Cleansing and the Defeat of Barter......Page 132
Energy Trade Cleaned Up......Page 135
Agricultural Land Privatization......Page 136
Privatization of Large Enterprises......Page 137
Deregulation of Small Firms and Anticorruption Measures......Page 138
The Gongadze Murder and “Kuchmagate”......Page 140
Yushchenko’s Ouster......Page 142
A Severe Break in the Rent-Seeking Society......Page 144
Ch 6 Competitive Oligarchy with High Growth, 2001–04
......Page 148
The Kinakh Government......Page 149
Organization of a Strong Center-Right Opposition......Page 150
The March 2002 Parliamentary Elections......Page 152
The Yanukovych Government......Page 156
Controversial Privatization of Kryvorizhstal......Page 160
Economic Boom......Page 161
Putin’s Policy on Ukraine: Gas Trade, Common Economic Space, and the Tuzla Incident......Page 165
NATO and the European Union’s European Neighborhood Policy......Page 169
Ch 7 The Orange Revolution, 2004
......Page 172
Mobilization of the Opposition and Civil Society......Page 174
The Regime: Mobilized but Divided......Page 177
Russia’s Role......Page 179
The Election Campaign: Yushchenko versus Yanukovych......Page 181
The Presidential Elections......Page 185
The Orange Revolution......Page 188
The Settlement......Page 191
Assessment of the Orange Revolution......Page 194
Ch 8 Aftermath of the Orange Revolution, 2005–08......Page 198
Formation of an Orange Coalition......Page 199
Ukraine Turns to Europe......Page 200
The Tymoshenko Government: Reprivatization......Page 201
The Yekhanurov Government: Return to Order......Page 206
Russia Disrupts Gas Deliveries: Higher Prices......Page 208
Parliamentary Elections, March 2006......Page 210
The Second Yanukovych Government: Oligarchy Restored......Page 214
Dissolution of Parliament and New Parliamentary Elections, September 2007......Page 216
The Second Tymoshenko Government: Stalemate
......Page 219
WTO Accession, May 2008......Page 221
NATO Controversies and Russia’s War in Georgia......Page 223
Renewed Financial Crisis and IMF Agreement......Page 226
Yushchenko Insists on New Elections......Page 228
Limited Social Achievements......Page 230
Ch 9 Lessons from Ukraine’sTransformation
......Page 234
Constitutional Evolution and Shortcomings......Page 235
Why Ukraine’s Capitalist Transformation Succeeded......Page 243
Role of the IMF......Page 246
Impact of the Oligarchs......Page 248
Will Ukraine’s Democracy Survive?......Page 251
European Economic Convergence......Page 256
Putin’s Alienation: Ukraine Turning to the West......Page 258