In Ukraine, as in the general public of economies in transition, the issue of poverty and disparities is specifically acute amongst children. For instance, Ukraine recently plunged into a new monetary crisis as a result of various historical transition-associated failures. The crisis was particularly due to a boom in fees for purchaser goods and services, falling incomes, and a narrowing of already confined price range capacities. 

1. Pension Reform: Ukrainian authorities have failed to implement any critical reforms of the state pension system for over twenty-five years. As a result, Ukrainians who are working have not had any incentives to contribute to the retirement fund (“Bad decisions: how to build the poorest country in Europe,” 2020). Besides, a chronic deficit of the retirement fund has over-burdened the country’s budget. Concurrently, the government of Ukrainian has spent Gross Domestic Profit (%), one of the highest shares on public pensions in the world. Also, what has driven firms into shadow operations of late are high taxes on labor in Ukraine.  
2. Gas Tariffs: For twenty-four years, Ukraine has functioned with economically unreasonable tariffs for gasoline and heating tariffs (“Bad decisions: how to build the poorest country in Europe,” 2020). Besides, the creation of gas oligarchs, stagnation in primary production as well as tens of billions in hidden subsidy contracted to the Naftogaz, and Ukraine’s energy dependence on Russia has led to a devastating crisis such as the undermining of Ukraine’s financial system. 
3. Land Reform: In regards to land reform, an egregious breach of the possessions rights of Ukraine’s citizens have resulted to lost proceeds of up to USD forty to fifty billion in the suspension of sales of agricultural land which however has also proved to be harmful to the financial system of the country. Besides, seven million citizens in Ukraine have not been able to productively use their land for the past sixteen years (De Ploeg, 2017).  
4. Special Economic Zones: Territories for precedence developments (TPD), as well as benefits and options within the Ukrainian business landscape and Special economic zones (SEZ), have been contorted (“Bad decisions: how to build the poorest country in Europe,” 2020). For example, the special economic zones have been one of the worst elements since the selected firms acquire tax benefits identical to tens of milliards (UAH). At the same time, the remainder of Ukrainian businesses is dealing with crippling taxes. 
5. Regulation of Prices and Exports: Regarding the regulation of prices and exports, the first government of Ukraine attempted to fight hyperinflation by fixing costs, enforcing licenses, and establishing quotas for exports (“Bad decisions: how to build the poorest country in Europe,” 2020). As a result, the implementation of such movements led to a decline in production, development of barter relationships, increased economy, and the emergence of the first oligarchs (De Ploeg, 2017). 
6. Pocket Central Bank: The National Bank of Ukraine was a significant factor in the cycle of Ukraine’s runaway inflation at the start of the nineteen nineties, which exceeded that of other European countries because Ukraine did not have an autonomous centralized monetary system during its first 23 years. The Central bank also assisted the members of the cabinet in hiding the actual budget deficits that have been one of the sources of significant imbalances in government budgets and the subsequent loss of value (De Ploeg, 2017). 
7. Voucher Privatization: During the implementation phase of Voucher Privatization, the country-wide and fast privatization in Ukraine became severely distorted by way of its ill-conceived layout and interventions of the Parliament (“Bad decisions: how to build the poorest country in Europe,” 2020). As a result, investors failed to turn out to be actual proprietors of valuable country assets since shares of the citizens had been in vain anchored in trust funds. The position of “red directors” was also cemented through voucher privatization and facilitated access to Ukraine’s assets for businessmen with close ties to the government. In the end, a fertile ground for the emergence of oligarchs was created (De Ploeg, 2017). 

References 

Bad decisions: how to build the poorest country in Europe. (2020). Retrieved 27 March 2020, from https://voxukraine.org/longreads/poor-country/index_en.html#rec7933427 

(2020). Retrieved 27 March 2020, from https://www.unicef.org/socialpolicy/files/Ukraine_ENG.pdf 

De Ploeg, C. K. (2017). Ukraine in the Crossfire. SCB Distributors.