Notwithstanding the recent progress, the system of work accident insurance in Ukraineremains inefficient, especially with regard to promoting work safety. The risk classification of sectors is politically determined.
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.
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Notwithstanding the recent progress, the system of work accident insurance in Ukraineremains inefficient, especially with regard to promoting work safety. The risk classification of sectors is politically determined.
This paper focuses on biodiesel and bioethanol, which are produced mainly from vegetable oil and grain or sugar, respectively. These biofuels are already established and referred to as the first generation of biofuels. This compares to second generation biofuels like ethanol from straw or BTL (Biomass to liquid), which are not established.
The central government in Ukraine shows a clear preference towards foreign currency indebtedness. In 2006, the Ministry of Finance issued only 14% of its new bonds in domestic currency - despite the budgetary plan of issuing 47% domestically. This paper argues that this strong focus on foreign debt is not optimal from an economic point of view.
Since the beginning of the 1990s until the early years of this millennium, Ukraine failed to attract significant amounts of FDI inflows. This situation changed considerably over the last 2 years with strong inflows, which are predicated to continue in the future. Besides their general economic benefits, these FDI inflows serve an important external financing function in an environment of increasing CA deficits.