We comment on the Ukrainian-Russian Gas Transit Consortium signed in October 2002. In general, we support its intention to secure reliability of supply of Russian gas to European markets through Ukraine.
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Institute news
- 20.11.2024
External Trade Monitoring No.5, November 2024
- 24.10.2024
The 4th Edition of the External Trade Monitoring Has Been Released
- 20.10.2024
Join the panel session “How to stay resilient during the War” within the framework of Annual Meetings of the WB and IMF on the 22nd of October
- 18.10.2024
Monthly Economic Monitoring of Ukraine No. 237
- 30.09.2024
New Monthly Enterprises Survey. Issue 28. (08.2024) Ukrainian Business in Wartime
Archive 2002
The policy papers are the joint product of the German Advisory Group for Economic Reforms in Ukraine and the IER aimed at providing economic policy recommendations to Ukraine’s policy makers. The recommendations are based on the careful analysis of Ukraine’s situation, state-of-the-art economic theory, and best international practices. The papers are available for policy makers and – with some time lag – for general public.
Archives:
- 25.11.2002
The Ukrainian-Russian Gas Consortium
(Code:S17) - 25.11.2002
The organizational forms and performance of agricultural enterprises in Ukraine: What conclusions can be drawn?
(Code:S16)One of the main goals of agricultural policy reform in general and the reorganisation of collective agricultural enterprises in particular is to enhance the efficiency and competitiveness of domestic agricultural production. One way to achieve this is to create conditions under which agricultural enterprises can evolve in accordance with market requirements.
- 25.10.2002
Deposit Insurance System: Time for Improvement
(Code:S15)The development of a reliable deposit insurance system is of crucial importance for Ukraine, since it can help to achieve important goals of economic policy: the enhancement of public confidence in the financial sector, the prevention of bank runs, attracting household deposits, lowering the deposit interest rate, and, hence, decreasing the cost of crediting and increasing investment.
- 25.10.2002
Ukraine’s wto accession: forgotten challenge and benefit
(Code:S14)In Ukraine is a consensus growing about the necessity to join the WTO. Now discussions are focused on the analysis of costs and benefits for specific sectors and some other related problems. But the important issue of national policy-making in the post-accession period was not even mentioned yet.
- 25.06.2002
NBU profit: Who should get how much?
(Code:S13)The current legislation in Ukraine does not contain a clear-cut rule for the NBU profit distribution. This causes uncertainty about the shares distributed to the NBU or the government and gives rise to costly negotiations. As a consequence, it possibly generates conflicts between these state authorities, which tend to weaken monetary stability in Ukraine by increasing long-term inflationary expectations and losing confidence in the hryvnia.
- 25.06.2002
Die Wettbewerbsfähigkeit der Milcherzeugung in der Ukraine
(Code:S12)Dieses Papier beschreibt den heutigen Zustand der Milchindustrie in der Ukraine. Es richtet sich an Politiker, Milcherzeuger, Investoren und Agrarökonomen innerhalb und außerhalb der Ukraine. Welche spezifische Schlußfolgerungen können Politiker von unserer Analyse ziehen?
- 25.06.2002
Personal Income Tax Reform: How To Feed The Wolf And Keep The Sheep
(Code:S11)Future economic growth in Ukraine vitally depends on continuing economic reform. The reform of personal income tax (PIT) is an integral part of this process. In this context, the new draft Law on personal income tax that was submitted by the Cabinet of Ministers of Ukraine to Verkhovna Rada represents a very important, positive step.
- 25.06.2002
The Future of Ferrous-Metal Industry in Ukraine
(Code:S10)This paper discusses the current situation of Ukraine's ferrous-metal industry and suggests a future strategy for state-support policies.
- 25.06.2002
The NBU decree on long-term refinancing: Good intention, questionable approach
(Code:S9)High interest rates for credits represent one of the major impediments for real investment and sustainable economic growth in Ukraine. A new decree1 intends to ameliorate this situation by allocating cheap, long-term NBU credits to commercial banks, which must redirect these funds to enterprises for investment purposes exclusively.
- 25.06.2002
Concept of trade with commodity derivatives of agricultural products and food at the commodity exchange
(Code:S8)In the mid- to long-term, commodity derivatives, especially futures, could play a very important role on Ukrainian markets for grain, oilseeds and other agricultural commodities. Of course, much work remains to be done if they are to play this role. It is fundamentally very positive that the Ukrainian Government has made the development of commodity derivative markets a priority.
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