fedya,

What Ukraine lacks most is honest to goodness economic reform: a truly free market, radical surgery of the bureaucracy, top to bottom reform of the tax system and a functioning central bank. You would not believe how difficult it is to do business there.

Juliya Tymoshenko is the Barack Obama of Ukraine. She looks great in those braids, but during her two times as PM the entire agenda has been dividing the spoils in the second round of privatization of unproductive state enterprises. Yushchenko seems like a good egg, he’s certainly a brave man, but his hands are tied by the Rada.

Personally, I would bombard the country with a gazillion microloans.