Under the current agreement, Ukraine's USD 1.8 bn debt to the IMF is scheduled to be paid back by instalments up until 2009. Recently, the NBU and the President suggested that this debt should be repaid within the coming months.
Under the current agreement, Ukraine's USD 1.8 bn debt to the IMF is scheduled to be paid back by instalments up until 2009. Recently, the NBU and the President suggested that this debt should be repaid within the coming months.
In February 2003, the NBU decided to significantly toughen restrictions on transactions by Ukrainian residents involving Ukrainian eurobonds. In practical terms, the new regulation amounts to a prohibition of purchases of eurobonds by residents. In our view, this decision went into the wrong direction.
Opponents of accession to the WTO in Ukraine sometimes argue that Ukraine would surrender too much sovereignty in the area of agricultural policy by joining. In this paper we argue that this is not the case. Even as a WTO member, Ukraine would still enjoy a great deal of freedom to support its agricultural sector. WTO regulations limit the use of certain types of support that are wasteful and trade distorting.
The book describes a strategy in which government intervention that now plays a dominant role is being reduced so that it is market forces, not intervention schemes competitive way to meet the needs of production, distribution of production resources, pricing and investment.
The first announcements by Ukraine to join the World Trade Organisation (WTO) were made in 1993. In the following year the Working group on Ukraine’s accession was established. But successive Ukrainian governments had to sideline the issue of WTO accession, as the country went through a decade of unprecedented and severe economic decline.
To study international experience of applying methods and tools of quantitative analysis used in analysing the effects of accession to the WTO or in establishing regional trade associations, and develop recommendations for their use in Ukraine.
A model of Ukrainian shadow economy money demand is estimated that includes new regulatory burden, tax complexity, and soft-budget constraint variables. This model is analyzed to determine the causes and dynamics of the Ukrainian shadow economy and to assess the effectiveness of state measures undertaken to reduce its size.
Food aid has been an important form of assistance to reduce food shortages in developing and some transition countries.