Ukraine badly needs external aid from western donors, but that money should be spent well. An international donor conference is in the air, and the European Union proposed an aid package of around €11 billion, which can be deployed in the long term in cooperation with various other financial institutions in Ukraine. Even more important than the quantity is the quality of the aid. The situation in Ukraine is not so exceptional that past lessons are irrelevant.
March 14, 2014 - Elżbieta Kaca