Oleh Havrylyshyn lectures at the Munk School of Global Affairs, University of Toronto, Canada, and the George Washington University, Washington DC, USA. Until 2015, he was advisor to senior officials in the Ukrainian Government. He has served as Ukraine's Deputy Minister of Finance, and was a senior official at the Board of Directors and Management of the IMF.

• Gives a full retrospective analysis of economic developments in Ukraine, 25 years after it became a sovereign nation
• Provides a comprehensive overview of policy and performance since independence
• Addresses current recommendations for correcting past policy errors

Part I Introduction

1 Overview of Economy and Aims of Book

2 Nature of Economy Before Independence

Part II Post Independence Economic Reforms and Performance

3 Main Trends Over 25 years: Delayed Reforms Lead to Poor Performance

4 Economic Reforms and Performance Under Kravchuk (1991-1994)

5 Economic Reforms and Performance Under Kuchma I(1994-1998) and Kuchma II (1998-2004)

6 Economic Reforms and Performance Under Yushxhenko (2004-2009)

7 Economic Reforms and Performance Under Yanukovich (2010-2014)

8 Economic Reforms and Performance Under Poroshenko (2014-2016)

Part III The Key Political-Economy Challenges Since Independence

9 The Costs of Delaying Economic Reforms

10 The Formation and Role of Oligarchs: Step Towards the Market or a Barrier to Liberalization?

11 Economic Dependence on Russia

12 Pervasive Corruption: the Elusive "Golden Fleece"

13 EU Membership: the Quest for the Holy Grail

Part V Summary and Conclusions

14 The Outcome: Capitalism for the Few and Low Growth

15 Prospects for Real Reforms after the EuroMaidan