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Will Ukraine Be Able to Establish Real Property Rights?

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  • Anders Aslund

Abstract

Over time, the necessary economic reforms have become so obvious that they have become politically possible in most places. The great problem has become the establishment of real property rights. By and large, Central and Eastern Europe have managed to accomplish that not least thanks to support from the European Union. In the former Soviet Union, however, only Georgia succeeded in that endeavor. The big question today is whether Ukraine will manage to do so, or whether it will be caught in a low-economic-growth trap. The three main elements that are needed are independent courts, autonomous prosecutors, and a law-abiding law enforcement, while no old secret police structures should be allowed to sabotage them.

Suggested Citation

  • Anders Aslund, 2018. "Will Ukraine Be Able to Establish Real Property Rights?," mBank - CASE Seminar Proceedings 0153, CASE-Center for Social and Economic Research.
  • Handle: RePEc:sec:mbanks:0153
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    File URL: http://www.case-research.eu/files/?id_plik=5394
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    Keywords

    Ukraine; economic reforms; judicial reforms; democratic reforms; corruption; property rights; election law;

    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • K12 - Law and Economics - - Basic Areas of Law - - - Contract Law
    • K16 - Law and Economics - - Basic Areas of Law - - - Election Law
    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
    • P14 - Economic Systems - - Capitalist Systems - - - Property Rights
    • P26 - Economic Systems - - Socialist Systems and Transition Economies - - - Political Economy

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