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AGENCY’S MANAGEMENT TOOK PART IN THE MEETING WITH ERIK REINERT

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05-10-2016

October 5, Director of RA “Standard-Rating” Andrey Nikitin within the program of cooperation with public organization “Ukrainian Society of Financial Analysts” took part in the meeting with the outstanding Norwegian economist Erik Steenfeldt Reinert.

Mr. Reinert is widely known in the world for its views on market processes in developing countries. Consistently criticizing Ricardo's theory, Reinert notes that free trade is beneficial only on the condition of a comparable level of development of the trading countries, and in the case of a large difference in the development of free trade enriches the developed country, by driving the poor country deeper into poverty.

The sides exchanged views on the situation in Ukraine. The meeting took place in Kiev at the hotel Hilton. 


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