Archive 2012

• 01.06.2012

  Changes in Russian trade regime and their implications for Ukraine

  (Code:PP_03_2012)

  Russia has always been a strategic trade partner of Ukraine. Recently, it regained the role as the largest trade partner of Ukraine moving the EU to the second rank. However, trade relations with Russia remained at a suboptimal level suffering from limited scope and exemptions from free trade, as well as numerous trade conflicts.

  Authors:  Movchan Veronika, Рікардо Джуччі
  Tags:  German Advisory Group
• 31.05.2012

  Adjusting gas prices to unlock Ukraine’s economic potential

  (Code:PP_02_2012)

  Ukraine imports gas from Russia at a price of USD 416 per thousand cubic metres (tcm). At the same time, gas is sold within Ukraine for a much lower price: Householdspay as little as 83 USD/tcm and heating companies pay only 136 USD/tcm. This huge price mismatch has a wide range of severe economic effects. Firstly, the cost of gas price subsidies, including the administrative price setting of gas extracted in Ukraine at only 53 SD/tcm, add up to a massive 6% of GDP.

  Authors:  Naumenko Dmytro, Jorg Radeke, Джуччі Рікардо
  Tags:  German Advisory Group
• 24.04.2012

  Towards higher energy efficiency in Ukraine: Reducing regulation and promoting energy efficiency improvements

  (Code:PP_01_2012)

  Energy efficiency is rightly one of the most pressing priorities of energy policy in Ukraine. However, in contrast to the visibility of the topic, improvements have been marginal and energy use remains wasteful. The amount of energy used for each unit of goods and services produced is still 3.8 times higher than the European Union average. The implementation of energy efficiency improvements by households and companies as well as state authorities lacks behind in international comparisons. While steps have been taken to address the issue we argue that prior to designing any policy response it is vital to understand the barriers to energy efficiency in the Ukrainian economy. Only that way an effective and consistent policy response which aims at removing those barriers can be formulated.

  Authors:  Naumenko Dmytro, Майсснер Франк, Jorg Radeke
  Tags:  German Advisory Group