In April 2019, Ukraine was brimming with optimism as it elected Volodymyr Zelensky, a candidate who promised peace, an end to government corruption, and economic prosperity. Fast forward four years: a civil war within the Donbas region turned into a European war raging on Ukrainian territory, destroying the country’s infrastructure, killing hundreds of thousands of its citizens, and creating millions of refugees. Government corruption is an all-time high, and the country is in a state of material poverty.
When Ukraine gained independence in 1991, its national debt was $0.4 billion; in 2018, before Zelensky was inaugurated, it was $76 billion, and by 2023, it had reached $120 billion and kept growing. The country survives on international assistance, and people who four years ago promised “вільна та незалежна Україна” (free and independent Ukraine) proved to be liars and hypocrites.
So, what went wrong in Ukraine? To understand the present, we have to […]
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