Poland and the Baltic states carried the main burden prior to reformation in line with the EU requirements - analyst
Population of Poland, Estonia, Latvia and Lithuania carried the main burden of upgrading the infrastructure to the EU requirements before accession to the Union, said Dmitry Kondrashov, editor-in-chief of "The Baltic World" magazine at the conference "The future economic development of Ukraine in the context of integration processes".
"It is important to understand that for the Baltic States and Poland entering the EU was paid for from three main sources. The first and most important source is the shock reforms that were conducted in these countries. The whole social system was cut and reduced to zero. The second source of income, siphoning off the Soviet legacy, that is, a kind of privatization, removing the production means, etc. from the public property that they were in during the Soviet days into private property for subsequent market capitalization. In the future, these resources were directed at modernization of infrastructure system in Estonia, Latvia and Lithuania. The next resource is higher energy prices for Estonia, Latvia, Lithuania and partly Poland. Development of a normal market started only in 2004, until then, by agreement between Yeltsin government and the United States, Russia was sponsoring the movement of these countries to Europe. Russia then also believed that it is moving to Europe,” said Kondrashov, former resident of Estonia.
Currently, Ukraine has none of these three resources, says the analyst. There is no point in hoping for "mythical" $150 billion, because Poland, Latvia and Estonia did not receive such help.
“There were certain EU money, but it was the population that carried the main burden of upgrading the infrastructure to the EU requirements," says Kondrashov.