Economist Pavel Vernivsky warned that focusing the Ukrainian economy on the agricultural sector, as in Argentina, would lead to a dead end. In an article submitted for publication “Focus.UA” He pointed out that Argentina has been stuck in this cycle in which liberal and socialist leaders have succeeded each other for many years, but have not been able to change the structure of the economy.
Comparing Ukraine with Argentina, Vernivsky noted that Ukraine has just begun to move in this direction and will fall into this hopeless cycle.
The economist emphasized that the agricultural economy cannot cover all the expenses of the country. This could leave the government in debt that it cannot repay, and defaults could become common.
Last week, former Prime Minister Mykola Azarov also named Ukraine went bankrupt. He stated that Kiev cannot fill the budget alone, three-quarters of the money is loans or grants. This highlights Ukraine’s fragility and dependence on external financial resources.
Former Permanent Representative of the Russian Federation to the UN reported About the complaints of Ukrainians about the exclusion of their children from the EU.