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  • Author: Geoffrey Pridham
  • Publication Date: 02-2015
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: The European Union has a unique opportunity to develop a positive strategy towards Ukraine. A pro-EU government is now in power in Kyiv, there is a revived civil society pressing for democratic reforms and the actions by Russia have both reinforced Ukraine's pro-West line and led to the priority given Moscow being questioned by some member states. It is therefore essential to grant Ukraine a membership perspective to strengthen this trend and encourage Kyiv to confront and overcome the basic problems that face the country.
  • Topic: International Relations, Government, Reform
  • Political Geography: Russia, Europe, Ukraine, Moscow
  • Author: Lorenzo Bini Smaghi
  • Publication Date: 03-2014
  • Content Type: Journal Article
  • Journal: The International Spectator
  • Institution: Istituto Affari Internazionali
  • Abstract: Austerity measures are painful. This is why they are unpopular. It is also the reason why governments tend to postpone them until they become unavoidable. They become unavoidable when financial markets raise doubts about the solvency of the country and interest rates on the public debt rise sharply, calling into question the government's ability to refinance its debt. At that point, citizens understand that unless tough austerity measures are adopted the situation might get much worse. They are ultimately willing to accept austerity as the least worse solution.
  • Topic: Government, Reform