[Aaus-list] FW: Conference on EU & Ukraine

Max Pyziur pyz at brama.com
Wed Oct 2 17:49:38 EDT 2013

On Thu, 26 Sep 2013, Chernetsky, Vitaly A wrote:

> Dear Colleagues,
> FYI: please see the attached & below.
> Sincerely,
> Vitaly Chernetsky
> ---------------------------------------------------------
> Vitaly Chernetsky
> Associate Professor
> Department of Slavic Languages and Literatures
> University of Kansas
> 2140 Wescoe Hall, 1445 Jayhawk Blvd.
> Lawrence, KS 66045-7594
> (785) 864-2359
> vchernetsky at ku.edu
> ---------------------------------------------------------
> ________________________________________
> rom: bharasym at ucalgary.ca [mailto:bharasym at ucalgary.ca]
> Sent: Wednesday, September 25, 2013 6:27 AM
> Subject: Fwd: Conference on EU & Ukraine
> Attached is your invitation to the CIUS-organized conference on the EU and
> Ukraine, being held 3-4 October.  Kindly disseminate further, if possible.
> Apologies for duplication.  Thanks.

There are some serious  shortcomings to this conference: everyone seems to 
be avoiding any sort of discussion of the EU, its legacy, and its 
incredible array of structural economic and political problems, most 
recently manifested by the near banking meltdown that took place in 
Cyprus. There are a myriad of other problems that would create a long 

At this point the EU is a slow moving train-wreck, more when, not if. 
Collective efforts are doing the minimum of maintaining bare cohesion.

To cover issues in the EU some presenter should simply read from any 
papers available from luminaries on the subject, including Martin 
Feldstein, Barry Eichengreen, Enrico Spolaore, Susan Watkins' article in a 
recent issue of the London Review of Books, Maurice Obstfeld, George Soros 
(he's given at least three published speeches on the EU over the last 
year), Kim Lane Scheppele (on problems specific to Hungary).

Ukraine's political and economic dilemmas are enough of a challenge, but 
ceding control to the EU would be the abdication of important sovereignty.

Ukraine runs a huge trade deficit with the EU27 (trade with Russia is 
balanced; other trading partners, except perhaps China, are of lesser 
import). Financing that trade deficit is creating a balance of payments 
problem (it's clearly expressed in the IMF's World Economic Outlook (WEO) 
from April 2013; the complete October 2013 WEO is due any day; some 
chapters of the October 2013 WEO have been released, and the Ukrainian 
story hasn't changed; there's no ambiguity as to the judgement when 
reviewing Ukraine's National Accounts published on one of Ukraine's 
government's websites). "Harmonizing" with the EU is only going to 
exacerbate that problem, because the creditors call the tune.

> Bohdan Harasymiw
> bharasym at ucalgary.ca

Max Pyziur
pyz at brama.com

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