Economic populism becomes habitual policy in young democracies. In Latin American countries populist policies lead to serious economic hardships which often made a way for plutocratic dictators, or juntas that restored macroeconomic balance. Recent developments in Ukraine leave one rightly wondering about whether this country will enter into a similar vicious circle, or follow the way of western democracies. The full report could be obtained through subscription at Global Source (www.globalsourcepartners.com). Trial access is available.