Neighbour Poland is an enticing model for Ukraine


  • World
  • Monday, 23 Jun 2014

A man looks on next to the WIG30 index at Warsaw Stock Exchange (GPW) building in Warsaw March 3, 2014. REUTERS/Kacper Pempel

WARSAW (Reuters) - World leaders marking 25 years since Poland began its transformation into a free-market democracy had a message this month for neighbouring Ukraine: you too could follow the same path to prosperity.

Fundamentals of the two economies suggest Ukraine can aspire to match the progress Poland has made since communism fell. But first it must get to grips with its high energy consumption, and the corruption and poor governance that puts off many investors - precisely the main reasons why Ukraine remains so poor.

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