Macroeconomics
Middle of the week thought: optimistic pessimism or pessimistic optimism
The Fourth Research-to-Practice Conference “Ukraine’s Integration into European and International Financial Community” was held under the auspices of NBU and reported a number of interesting figures reflecting growth of domestic economy.
Call me euroasian.
China became the third economy in the world, which has recently passed round Germany. Chinese yuan will be the world currency soon. The unified market of Shanghai and Hong Kong will be the World Financial Center, not New York and London. So, the first thing we should do is to recognize Ukraine as not only European country but Euroasian country too. And it is better to stop pulling faces when we hear the word «Euroasian». There is nothing wrong with this word. We are not just Eastern Europe. We may also be Western Asia. To be more precise, we can be a bridge from Eastern Europe to Western Asia, and vice versa, and this is our great potential advantage, not disadvantage.
