Ukraine did not have an independent central bank in its first 23 years. The National Bank of Ukraine was an active player in the process of Ukrainian hyperinflation in the beginning of the 1990s, which greatly exceeded that of other Eastern European countries. Even up until 2015, the National Bank was helping the Cabinet of the Ministers hide the real budget deficit, which became one of the reasons for complete imbalances in government budgets and the resulting devaluation of the hryvna (uah).
Following the transition of public procurement in Ukraine to a digital platform, the role of a civil servant can be decreased (through the implementation of an automated system of real estate exchange). However, it is probably impossible to completely exclude the influence of bureaucrats on land sales. What are the conditions for the success of this reform?
For the second round in a row, the index for Monitoring Reforms (iMoRe) has given a low score to Ukraine’s ongoing reform efforts. Our progress assessment for September 26 – October 9 is only +0.5 out of a possible 5 points. Little progress was observed in reforming public administration, public finance, and business environment.
The Ukrainian coalition is widely assumed to consist of 2 factions, with the opposition composing the remaining 6. That’s not the whole story. An analysis of MPs’ votes during the 4th session proves the real coalition is composed of MPs from 5 factions, and the opposition numbers more than 40 MPs from Petro Poroshenko Bloc and People’s Front. What other surprises does unbiased data analysis of deputies’ behaviors uncover?
The Heads of Ukrainian universities are in despair. The college professor assembly line has nearly grinded to a halt. Since the beginning of 2016, only 21 people received the title of professor or assistant professor, compared to more than five thousand last year. What keeps thousands of the most educated Ukrainians from becoming professors, and what can be changed? Does the problem lie within the academics themselves, or the system?
The moratorium on agricultural land sales not only proved harmful to the state economy, resulting in lost revenue of up to USD $40-50 billion, but it was also an egregious violation of the property rights of Ukraine’s own citizens. For the past 16 years, seven million Ukrainian citizens haven’t been able to dispose of the land they own.
More than 25 years have passed since the first Parliament resolution “On land reform”. Despite this significant time period, the reform is far from being complete: sales market for agricultural land does not exist, significant share of rental market is informal and several categories of land do not have a clear legal status or are used in a non-transparent way.
The fight against corruption is currently the key task of the Ukrainian government. As of May 2016, according to a survey by the Democratic Initiatives Foundation, the anti-corruption reform remains a priority for 56% of Ukrainians. Moreover, the latest survey by Dragon Capital shows that 85% of foreign investors view corruption as the main obstacle to investing in the Ukrainian economy. The problem of corruption is thus still very relevant. The full version is available in Ukrainian and Russian.
The unexpected result of the referendum on Brexit has irritated the opponents of Britain’s exit from the EU and has deeply concerned the European public. It is the first time since 1985, when Greenland left the European Economic Community, that a member state has expressed its disapproval of the highly valued principles of the EU. One of the most influential EU member states has rejected the free movement of people and goods, which was once an unshakable European value. Full text is available in Ukrainian and Russian.
In the first half of September, reforms barely moved forward. For the first time since the beginning of 2015, the iMoRe – index for monitoring of reforms – dropped to +0.2 points. Some progress was observed only in governance reform. A few reforms occurred in the areas of public finance and business environment but they received low grades. No reforms were registered in monetary policy and energy sector.
How the Perception of Ukraine by the Western Media Has Been Changing. The Content Analysis of 10 000 Headlines
“Do not believe headlines”, warns Halyna Tymchenko, the ex-chief editor at “Meduza”. Indeed, a journalist or editor can significantly exaggerate or twist the content of an article by manipulating its headline. However, when it comes to thousands of headlines in the most reputable western media, these data might reflect some trends in a given topic. Our aim is to find out what the most reputable and influential western media have written about Ukraine.