State goal-oriented programs are a usual tool of solving large-scale economic and social problems in Ukraine. However, the lack of money and responsibility for failing to reach the stated objectives have transformed this instrument of solving social problems into a mere declaration of intentions. In the meantime, the development of the theory of social investment has led to the emergence of new financial instruments in the developed countries, which are known as social impact bonds. They have a potential of becoming an efficient tool of solving social problems. Full text is available in Ukrainian and Russian.
The “Nashi Hroshi with Denys Bigus” project has talked about the coal market and the activities of the National Energy and Utilities Regulatory Commission with its head, Dmytro Vovk (27 years old). He assures that the Commission has become transparent, the coal market is identical to the gas market, and the imports of coal have been rising. The VoxCheck analysis has shown that this is not completely true. Full text is available in Ukrainian and Russian.
It is quite difficult to assess the performance of the new government in the first 100 days it has been in office. It made a lot of promises, yet it is almost impossible to deliver on them in such a short period. VoxUkraine has analysed what plans the new government has managed to realise in the second quarter of the year. Full text is available in Ukrainian.
Prime Minister Volodymyr Groysman has presented a new government action plan for 2016. VoxUkraine has compared the new program with the previous government’s plan and has outlined the key goals of the government. Read more to learn what reforms that were promised by Arseniy Yatsenyuk are not supported by Volodymyr Groysman. Full text is available in Ukrainian and Russian.
The VoxUkraine Brief: Russian Troops in Ukraine, the Struggle for the Country Foreign Debt Restructuring, Saakashvili Was Appointed the Odesa Region Governor
The long-known by the world but stubbornly denied by Putin presence of Russian troops in Ukraine this week received another proof — this time from a reputable international organization. Meanwhile, US highest officials and UK Queen provided their verbal support to Ukraine. On the Ukrainian government side — the struggle for the country foreign debt restructuring continues, while the former Georgian president M.Saakashvili was appointed the Odesa region governor.
A broken system and close ties between institutions and politicians lead to questionable degrees for Ukraine’s political elite. The Editorial Board of VoxUkraine assesses corruption risks of institutions awarding academic degrees in Economics.
The effect of fiscal policy on aggregate economic activity is of key interest to policymakers and academics alike. However, identifying fiscal shocks in the data is challenging. This column uses daily data to evaluate the effect of government defence spending on forward-looking variables. The results indicate that government spending shocks lead to an appreciation of the domestic currency. This findings does not hold if low-frequency data are used instead.
Video Archive 24-26.04.2015. Symposium for the Special Issue of the Journal of Comparative Economics “Ukraine: Escape from Post-Soviet Legacy?”
VoxUkraine is involved in organizing a Symposium for a Special Issue of the Journal of Comparative Economics, and there will be no articles by the end of April. We will have online broadcasting all...
Voices on the inevitability of the country’s default began to spread among Ukrainian and international experts. The coming days will show whether this pessimistic scenario will become reality or not. The only certain thing is that Ukraine is experiencing a severe budget and debt crisis, which is very similar to that of the mid-1990’s Russia. Therefore, important question is whether Ukrainian government will make conclusions from the “Russian experience”?