Just hours before his appointment as Minister of Economic Development in Ukraine, Pavlo Sheremeta, the President of Kyiv School of Economics, spoke of how Ukraine needs to “fully reboot” its entire system. He also noted, in an interview with Money magazine, that the lesson for Ukraine will be experience of Georgia.

What should the government’s first steps be?

First, we need to restore control over state institutions. Second, we need to return order to the streets. Now the situation is more or less calm, but people don’t always feel safe. That’s an issue for the the Ministry of Internal Affairs and others. But until  order is restored on the streets, it is pointless to talk about economics.