Earlier this year Ukraine became a market economy. That might surprise many Ukrainians, who were under the impression they had been living with free enterprise since prices were deregulated in 1991, the currency became convertible in 1996, and the government began to offload its assets, leaving about two-thirds of the economy now in private hands. But on February 17th, David Sampson, America's Deputy Secretary of Commerce, was delighted to announce in Kiev that in his government's eyes Ukraine was now a "market-based economy".
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