Member of the supervisory board and leading expert of CASE Ukraine Volodymyr Dubrovskiy made a presentation at the round table “Economic rights and liberties as a warranty for development of democratic Ukraine” that was organized by Freedom House Ukraine under the program “Creating mechanisms and opportunities for protecting human rights in Ukraine”. The topic of the presentation is “Monopolization of economy and political organization: lessons for Ukraine”.


The collection of papers published here was written in 2004 within a project, which aimed to broaden the knowledge about sources of inflation in Ukraine and indicate policies that can support low inflation in the future.

This working paper analyses influence of privatization on economic growth. Using the theory of economics the paper explains smaller effect of privatisation in the first years after its launch. (Available in Ukrainian only)

This working paper analyses influence of privatization on economic growth. Using the theory of economics the paper explains smaller effect of privatisation in the first years after its launch. (Available in Ukrainian only)


The problem of non-monetary settlements of the budget is closely related to the overall problem of demonetization. This book is an attempt to systemize the knowledge on the non-monetary settlements in the budget sphere in Ukraine, and to propose the strategies toward a solution of this problem.


This book contains a collection of articles produced by the team of Harvard/CASE Ukraine project in Ukraine. The focus of the book is on specific reform measures as well as interactions among these measures and their direct/indirect and short-term/long-term effects on the economy.


This monograph is part of a series of books covering various aspects of the decade of Eastern European transition, with a focus on Ukraine. It is a product of the joint work of Ukrainian and foreign economists associated with the Harvard/CASE Ukraine project, cooperating closely with Ukrainian policymakers and experts from a number of policy analysis centers in Kyiv. The activities of the project were funded by the United States Agency for International Development (USAID). Many of the ideas and analyses presented in this volume were elaborated over the past five years (1996-2000) and delivered in the form of various analytical and advisory notes to Ukrainian, political leaders. Hence, many of the thoughts expressed here have already contributed, directly or indirectly, to Ukrainian policies and reforms. The main theme of the book is “monetization” of the economy – involving issues like cash transactions, monetary policies, financial institutions, and development indicators”- and the importance of monetization to a transition economy: the development of a competitive market, sustainable growth, and prosperity.


The first part of this book is dedicated to the institutional structure of macroeconomic policy. It deals with the institutional development, virtual economy, the importance of political factors and democracy for the successful reform implementation. The second part of this book describes issues related to the financial sector reform, taxation in agriculture, budget deficit and arrears, local self-governance and fiscal decentralization. The third part of the book consists chapterі focusing on the possible ways to solve the problems related to fiscal instability and financial crisis, but also deal with the problems of excessive government expenditures, demonetization, monetary emission, growing state debt and budget deficit.


During the 1990s, inherited from the Soviet era vague distinction in economic, political, and administrative power, reflected in poor rule of law, corruption and other institutional problems, effectively prevented creation of a system of endogenous economic growth based on profit seeking entrepreneurship. Sluggish long-awaited and often inconsistent reforms seem to give fruits after a decade of falling output. The reasons for Ukraine’s embarrassing economic performance over most of the last decade are analyzed. Driving forces for growth, started in 2000, as well as barriers still hindering recovery and threatening possible sustainability are identified. Ukraine’s transition experience is compared with that of Russia and Latin America.

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