Budget plans for 2011 and beyond should reflect the urgent need for credible consolidation strategies. Remember the words of John Maynard Keynes in 1937, in the aftermath of the Great Depression: “Just as it was advisable for the government to incur debt during the slump, so for the same reasons it is now advisable that they should incline to the opposite policy”.
Concluding remarks In conclusion, I wish to underline the following: There has long been a debate among economists over which type of investment provides the highest yield to the wellbeing of a nation in the long run: infrastructure, education, or healthcare. For Ukraine in the nearest future the answer is obvious – it is security.