Ukrainian workers are regarded as highly educated and skilled, entrepreneurial, hard-working and even able to hold multiple jobs at the same time. Nevertheless, abroad Ukraine is continuously considered to be a poor country, not attractive as a country of work destination from developed economies. This short paper discusses whether informal employment may be a reason for this.
Category: MindSketch articles
Clusters, seen as drivers of economic growth, resulted in a worldwide policy fashion. Its application in Ukraine may facilitate industrial and economic strengths. A number of policy related activities were implemented without getting desired results and outreach. This essay points at government failure as a possible cause, dealt in three-fold frame: incentives building, increasing availability of information, & reducing aggregation incoherence.
Efficient career self-management allows people to unlock their potential and find better job matches, thus likely raising output and welfare. However, while in some countries career guidance is an inherent element of the school curriculum (for example in the Czech Republic, Finland, Germany), in Ukraine school-level career planning is less developed. In this column, the author analyzes the level of career planning in Ukraine and suggests steps which can reduce youth unemployment.
After the Russo-Georgian war in 2008, Daniel Treisman said Ukraine would be next in line, with Crimea as a likely flashpoint. In his view, Georgia was a case of Russian imperialism and it is a matter of time when such a thing would happen once again. However the central question of today’s Ukrainian situation is why the front line stopped where it stopped.
According to the recent Tax code update, Ukrainians should pay more for alcohol & tobacco products in 2016. The excise taxes have increased steeply: tobacco products – by 40%, low alcohol beverages – by 300%, beer and wine – by 100%, alcohol beverages – by 50%. The expected contribution to Ukraine’s 2016 budget of these increased tax rates is projected at 18.1 billions UAH. Vice taxes thus have the potential to generate substantial revenues for the Ukrainian budget, so the Ukrainian government might well want to consider additional vice taxes.
The beneficiaries of an import substitution policy are domestic industries that are not able to compete with cheaper or better quality imports. Consumers will be those who pay for import substitution, because the price for a product eventually goes up as a result of the import substitution policy. A shift to a service-based economy can be a possible alternative.
In this article Iurii Kozik argues that a hybrid model, i.e. a combination of conscription based and contract based military bodies might be suitable for Ukraine, by using the example of Norway. Authors analyzes argument for and against conscription and gives practical suggestions for reforming the army in Ukraine.
Since the Maidan revolution and replacement of the government, Ukrainians hoped for quick reforms that would bring our country closer to the Western economies. However, for the first half of 2014 Ukraine has lost 2.5 points in the index of economic freedom and now stands at the last place by this indicator among 67 European countries (including Russia and Belarus). This article looks at the Index of Economic Freedom and its components to suggest the most urgent reform tasks.
Pervasive Russian propaganda appears to be quite effective not only in Russia itself, but also in some Western countries. In the second part of his article Andrii Tymofeiuk argues that Ukraine needs to prove that it is not and will never be a failed state and show its prospects.