Oct 082022

Ukraine’s economic advisor calls for privatization and flexibility of work.
(I presume that last would include making it easier to fire employees.)
Also, more borrowing.

It may be that Ukraine’s system is too inflexible, but any steps in
that direction must be taken with great care, because there are plenty
of advisors who serve the banks that want to lend you more than you
can pay and denominate the loans in a foreign currency. This path has
led many countries into a debt trap.

External feed Read More at the Source: https://stallman.org/archives/2022-jul-oct.html#7_October_2022_(Ukraine_call_for_privatization_and_flexibility_of_work)


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