Newsletter - Social Science in Eastern Europe 2001- 3
Ukraine
Khreshchatyk 30/1,
01001 Kiev
Tel.: + 38 044 228-63-42
Fax: +38 044 228-63-30
E-mail: institute@ier.kiev.ua
Internet: http://www.ier.kiev.ua
Management: Akimova, Iryna, Prof. (director); Moellers, Felicitas
(deputy director, German Advisory Group
Year of foundation: 1999
Historical development: Top-ranking Ukrainian politicians and the
German Advisory Group on Economic Reforms founded the Institute for Economic
Research and Policy Consulting in October 1999, which is part of Germany's
TRANSFORM programme. It is in full operation since July 1st, 2000.
Staff: 10
Financing: The Ukrainian and the German Government jointly finance the
Institute.
Departments: The Institute is organised into three departments:
Department of short-term analysis and forecasting
* monitoring of the national economy and preparation of short-term forecasts;
* monetary and exchange rate policy, development of financial markets and the
banking sector;
* international economic policy (capital flows, foreign trade,
competitiveness, integration into the European and the world economy).
Department of structural reforms and long-term analysis
* corporate sector reform (privatisation, deregulation, competition policy,
restructuring of privatised enterprises administration of the state's corporate
holdings);
* development of small and medium-sized enterprises;
* reforms in the energy and agricultural sectors.
Department of public finance
* fiscal policy (budget deficit, tax policy, subsidies, government debt);
* development of infrastructure;
* regional policy;
* social policy.
Main fields: Aims of the Institute:
* to establish an independent research organisation that will provide
decision-makers, inside and outside government, with analyses of the Ukrainian
economy and economic policies;
* to support the economic training and analytical capacity of young Ukrainian
scholars as potential economic reformers;
* to provide policy advice based on sound economic research.
Research: Current research topics:
* What is the influence of devaluation on output and economic growth?
* What is the impact of major demand aggregates on growth of the GDP?
* Reduction of the shadow economy: is there progress and are there policy
implications?
* The instruments of the NBU for conducting monetary policy.
* The sequencing of capital market liberalisation and its importance for
economic growth.
* Analysis of the driving forces for enterprise restructuring: Competition
(level playing field, reducing subsidies), privatisation, corporate governance
of state and non-state firms.
* Evaluating the degree of competition in different markets and hindrances to
competition.
* Results and problems of corporate governance of private as well as state
property.
* How to increase real investment in agriculture: Policies and institutions.
* Financing of firms and debt reduction.
* The impact of competition and (de-) regulation in infrastructure sectors
(power, gas, railways, roads, telecommunications etc.).
* Fiscal federalism: Weaknesses of the current system and options for reform.
Publications/ papers: The research results of the Institute are
available to the public. The Institute issues a Working Paper series, including
studies of current Ukrainian topics in economic policymaking. Other publications
of the Institute include the MEMU (Monthly Economic Monitoring of Ukraine) and
conference proceedings. Contributions come from the Institute's staff, the
German Advisory Group, and outside experts. Current research projects and
publications are also available via the Internet.
Events: The Institute continues the tradition of the German Advisory
Group organising biannual international conferences on important topics of
economic policy in Ukraine.
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