
Faster adapters to new technology, Ukrainians bought 56 percent of their railroad tickets online this summer. With the youngest cabinet in Europe, average age 39, Ukraine’s cabinet members order their food online, order their taxis online, order their vacations online, and pay in stores with contactless bank cards. The post-post-Soviet generation now run Ukraine. Part of the shakeup is a generational turnover. Last week, he jumped out of that box and proved to be a 41-year-old libertarian.

On the campaign trail, Zelenskyy was short on promises and short on interviews. In late August, Zelenskyy’s trust rating was 70 percent, according to a survey by the Ilko Kucheriv Democratic Initiatives Foundation. Three months later, in parliamentary elections, he won a clear majority-60 percent of Rada seats. Unprecedented in Ukraine’s 28 years of independence, Zelenskyy won 73 percent of the final presidential vote in April. Kyiv is quiet partly because Volodymyr Zelenskyy won an open, multiparty presidential race, emerging with a popular mandate. Putting small government in practice, Ukraine’s new Prime Minister, Oleksiy Honcharuk last week cut the number of ministries by one third-from 25 to 17.

In a move bound to unleash years of pent up investment, the central bank promises to cut interest rates in half by the end of next year.

In a whirlwind of legislative activity reminiscent of Franklin Roosevelt’s First 100 Days, Ukraine’s new government is creating opportunities for billions of dollars of foreign and national investment in the 2020s. Foreign exchange controls are to be lifted. Casino gambling and amber mining are to be legalized. In a libertarian reshaping of Ukraine’s post-Soviet system, the new government plans to approve the largest farm land market in Europe, the biggest post-Soviet privatization fire sale in a generation, and the opening of roads, railroads, ports, airports, oil and gas to private investment. No political graffiti.Īnd yet, Kyiv is ground zero for the most significant economic revolution in the region today.
