Banking: Don’t blame Ukraine for the Trump debacle

A deluge of negative transatlantic headlines overshadows the achievements of Ukraine’s reformers.

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Once again, Ukraine is hitting the headlines for all the wrong reasons.

Just when policymakers might reasonably hope to reap the benefits of a recovering economy and ambitious reform agenda, the US impeachment drama has reinforced stereotypes of Russia’s western neighbour as corrupt and chaotic.

To be fair, Ukraine’s reputation for sleaze is well-earned. More than five years after the Maidan revolution – which was, above all, a protest against endemic and crippling corruption – there have been no high-level prosecutions for graft, let alone convictions.

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