News

Wealth Shock

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New electronic statements, or “e-declarations,” revealing the impressive wealth amassed by Ukraine’s politicians and civil servants dominated the headlines in October. Some observers were shocked to see the millions of dollars of previously opaque wealth reported publicly for the first time.

The fact that Ukrainian elites, including top Central Bank managers, do not trust the national currency (and keep their savings in dollars) or the banking system (and keep their savings in cash), was another reveal. It’s safe to say that political life will never be the same.

More about recent tendencies you can read in our new report “Wealth Shock”.

The full report could be obtained through subscription at Global Source (www.globalsourcepartners.com).  Trial access is available.

 

November 4, 2016