Category: MindSketch articles

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Can We Afford (In)Formal Wages?

Ukrainian workers are regarded as highly educated and skilled, entrepreneurial, hard-working and even able to hold multiple jobs at the same time. Nevertheless, abroad Ukraine is continuously considered to be a poor country, not attractive as a country of work destination from developed economies. This short paper discusses whether informal employment may be a reason for this.

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Ukrainian Cluster Policy: What’s Wrong

Clusters, seen as drivers of economic growth, resulted in a worldwide policy fashion. Its application in Ukraine may facilitate industrial and economic strengths. A number of policy related activities were implemented without getting desired results and outreach. This essay points at government failure as a possible cause, dealt in three-fold frame: incentives building, increasing availability of information, & reducing aggregation incoherence.

How School-level Career Guidance Can Promote Economic Development of Ukraine 0

How School-Level Career Guidance Can Promote Economic Development of Ukraine

Efficient career self-management allows people to unlock their potential and find better job matches, thus likely raising output and welfare. However, while in some countries career guidance is an inherent element of the school curriculum (for example in the Czech Republic, Finland, Germany), in Ukraine school-level career planning is less developed. In this column, the author analyzes the level of career planning in Ukraine and suggests steps which can reduce youth unemployment.

Чому Деякі Регіони України були Більш Вразливі до Агресії з Боку Росії, ніж Інші: чи Справедливі Виправдовування Росії 0

Why Some Ukrainian Regions were More Vulnerable to Russian Aggression than Others

After the Russo-Georgian war in 2008, Daniel Treisman said Ukraine would be next in line, with Crimea as a likely flashpoint. In his view, Georgia was a case of Russian imperialism and it is a matter of time when such a thing would happen once again. However the central question of today’s Ukrainian situation is why the front line stopped where it stopped.

Sweet Tax in Ukraine 2

Sweet Tax in Ukraine

According to the recent Tax code update, Ukrainians should pay more for alcohol & tobacco products in 2016. The excise taxes have increased steeply: tobacco products – by 40%, low alcohol beverages – by 300%, beer and wine – by 100%, alcohol beverages – by 50%. The expected contribution to Ukraine’s 2016 budget of these increased tax rates is projected at 18.1 billions UAH. Vice taxes thus have the potential to generate substantial revenues for the Ukrainian budget, so the Ukrainian government might well want to consider additional vice taxes.

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Import Substitution is Not an Optimal Policy Solution for Ukraine

The beneficiaries of an import substitution policy are domestic industries that are not able to compete with cheaper or better quality imports. Consumers will be those who pay for import substitution, because the price for a product eventually goes up as a result of the import substitution policy. A shift to a service-based economy can be a possible alternative.

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Economic Freedoms in Ukraine: What Has Changed after the Maidan

Since the Maidan revolution and replacement of the government, Ukrainians hoped for quick reforms that would bring our country closer to the Western economies. However, for the first half of 2014 Ukraine has lost 2.5 points in the index of economic freedom and now stands at the last place by this indicator among 67 European countries (including Russia and Belarus). This article looks at the Index of Economic Freedom and its components to suggest the most urgent reform tasks.