LEADER 04978oam 22012134 450 001 9910788409403321 005 20230828232649.0 010 $a1-4623-9319-5 010 $a1-4527-6426-3 010 $a1-283-51317-X 010 $a9786613825629 010 $a1-4519-8592-4 035 $a(CKB)3360000000443554 035 $a(EBL)3014394 035 $a(SSID)ssj0000939961 035 $a(PQKBManifestationID)11491942 035 $a(PQKBTitleCode)TC0000939961 035 $a(PQKBWorkID)10948452 035 $a(PQKB)11305339 035 $a(OCoLC)698585657 035 $a(MiAaPQ)EBC3014394 035 $a(IMF)WPIEE2006167 035 $a(EXLCZ)993360000000443554 100 $a20020129d2006 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aUkraine : $eThe Cost of Weak Institutions /$fAndrew Tiffin 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (29 p.) 225 1 $aIMF Working Papers 300 $a"July 2006". 311 $a1-4518-6427-2 320 $aIncludes bibliographical references. 327 $a""Contents""; ""I. INTRODUCTION""; ""II. EXPLAINING DIFFERENCES IN INCOME ""; ""III. EMPIRICAL ANALYSIS""; ""IV. RESULTS""; ""V. IMPLICATIONS AND DISCUSSION""; ""VI. CAVEATS""; ""VII. CONCLUSIONS""; ""REFERENCES"" 330 3 $aUkraine has the potential to be a very wealthy country. It has a well-educated workforce, some of the best agricultural land in the world, an enviable supply of hydrocarbons and minerals, and a relatively well-developed infrastructure. Despite these advantages, however, Ukraine's per capita income remains low. Using a cross-country stochastic-frontier framework, this paper argues that Ukraine's failure to tap its full potential is mainly a result of its market-unfriendly institutional base. With an inherited Soviet framework that is ill suited to the needs of a market economy, Ukraine has been slow to establish the institutions needed to use its resources efficiently. The paper provides a quantitative guide to the benefits, in terms of potential output, of further structural reform. Looking forward, the study finds that durable growth in Ukraine will depend primarily on the authorities' ability to implement their ambitious reform agenda, and thereby to help secure the basic foundations of a modern market economy. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2006/167 606 $aEconomic development$zUkraine 606 $aIndustrial productivity$zUkraine 606 $aLabor$2imf 606 $aMacroeconomics$2imf 606 $aPublic Finance$2imf 606 $aProduction and Operations Management$2imf 606 $aInnovation$2imf 606 $aResearch and Development$2imf 606 $aTechnological Change$2imf 606 $aIntellectual Property Rights: General$2imf 606 $aPersonal Income, Wealth, and Their Distributions$2imf 606 $aHuman Capital$2imf 606 $aSkills$2imf 606 $aOccupational Choice$2imf 606 $aLabor Productivity$2imf 606 $aMacroeconomics: Production$2imf 606 $aNational Government Expenditures and Related Policies: General$2imf 606 $aTechnology$2imf 606 $ageneral issues$2imf 606 $aLabour$2imf 606 $aincome economics$2imf 606 $aPublic finance & taxation$2imf 606 $aPersonal income$2imf 606 $aHuman capital$2imf 606 $aProductivity$2imf 606 $aPublic expenditure review$2imf 606 $aIncome$2imf 606 $aIndustrial productivity$2imf 606 $aExpenditures, Public$2imf 607 $aUkraine$2imf 615 0$aEconomic development 615 0$aIndustrial productivity 615 7$aLabor 615 7$aMacroeconomics 615 7$aPublic Finance 615 7$aProduction and Operations Management 615 7$aInnovation 615 7$aResearch and Development 615 7$aTechnological Change 615 7$aIntellectual Property Rights: General 615 7$aPersonal Income, Wealth, and Their Distributions 615 7$aHuman Capital 615 7$aSkills 615 7$aOccupational Choice 615 7$aLabor Productivity 615 7$aMacroeconomics: Production 615 7$aNational Government Expenditures and Related Policies: General 615 7$aTechnology 615 7$ageneral issues 615 7$aLabour 615 7$aincome economics 615 7$aPublic finance & taxation 615 7$aPersonal income 615 7$aHuman capital 615 7$aProductivity 615 7$aPublic expenditure review 615 7$aIncome 615 7$aIndustrial productivity 615 7$aExpenditures, Public 700 $aTiffin$b Andrew$01546544 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788409403321 996 $aUkraine$93802230 997 $aUNINA