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The new Bill on special economic zones (SEZs) and territories of priority development (TPDs) corrects a slew of problems with the previous regime governing these special investment zones, says ICPS economist Hanna Cherednychenko.
First, stimulating comm
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During H2’06, the Government turned to foreign lending institutions more often than at any other time in the history of Ukraine: altogether four times. The total amount of loans, US $1.9bn, is also the largest since 2000. But because these new loans are b
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The approved version of the Law “On the Cabinet of Ministers of Ukraine” is unlikely to reduce tensions in relations between the Government and the President, says International Centre for Policy Studies political analyst Ivan Presniakov. Instead, the rul
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President Viktor Yushchenko has vetoed the Law “On the State Budget for 2007” passed in the Verkhovna Rada. ICPS Director of Economic Research and Publications Oleksiy Blinov says that most likely the President’s criticisms will be taken into account as a
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An 11 October 2006 Cabinet Resolution has instituted an overall 1.6mn tonne export quota on all kinds of grain until the end of the year. With this quota, the Government is trying to limit the export of grain in order to supply the domestic market. This y
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The new Government has announced that one of its economic priorities will be reviving the special conditions for business operations under Special Economic Zones (SEZs). International Centre for Policy Studies economist Hanna Cherednychenko says that SEZs
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After this last night, it is impossible not to compare Viktor Yushchenko to Abraham Lincoln. After victory in the Civil War, President Lincoln’s determination to abolish slavery and to unify the country encountered tremendous opposition among both the Con
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The latest jump in oil prices hit a record-high US $78 per barrel as conflict in the Middle East heated up. Coupled with seasonal peaks in oil product consumption over August–September, the situation has led to a number of pessimistic forecasts for a poss
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The election of Oleksandr Moroz as Speaker may lead to the ruination of the coalition of democratic forces constituting BYT, Nasha Ukraina and the Socialist Party of Ukraine. Still, it does not provide a final answer to the question of who exactly will fo
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A law banning smoking in public places came into effect 1 July 2006. This law allows police officers to file reports on administrative offenses, while administrative commissions can now impose fines for smoking in public places. The size of this fine rang
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