West Keeps Ukraine on a Short Leash

Are western Ukrainians to surrender the right to determine their economic policy and risk the loss of state-owned industries and assets in exchange for loans from the International Monetary Fund? In the first of three videos, Michael Hudson, Jeffrey Sommers, and James Carden explain why economic integration with the West won’t turn Ukraine into an economic success story.

The videos, produced by Endless Picnic, include interviews with Michael Hudson, a former balance-of-payments economist for Chase Manhattan Bank, distinguished research professor of economics at the University of Missouri, Kansas City and an author of a major study of the IMF; Jeffrey Sommers, associate professor of political economy at the University of Wisconsin-Milwaukee and a visiting lecturer at the Stockholm School of Economics in Riga, Latvia; and James Carden, a former adviser on Russia to the State Department.