They could... but they won't. Austerity is not a humanist program. It's not even intended to salvage sinking economies; the economic literature and recent experiences in Greece, Spain, Italy, Portugal, Ireland, UK, and US all make this clear. It's meant to secure whatever remains in a dying economy for the creditors... at the expense of pensioners, the poor, the sick, workers, veterans, the unemployed, and so on. Even the IMF's own economists admit as much. Austerity will not save Ukraine.
But now that Yatseniuk has decided on this path, we're now left with the political question of who will survive to govern Ukraine after it's all said and done. Combined with Moscow's pressure on Kiev, Yatseniuk's position is untenable in the long-term. Someone will break and it won't be Putin.
Bookmarks