Ukraine : : The Cost of Weak Institutions / / Andrew Tiffin

• Autore: Tiffin Andrew
• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2006
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (29 p.)
• Soggetto topico: Economic development - Ukraine; Industrial productivity - Ukraine; Labor; Macroeconomics; Public Finance; Production and Operations Management; Innovation; Research and Development; Technological Change; Intellectual Property Rights: General; Personal Income, Wealth, and Their Distributions; Human Capital; Skills; Occupational Choice; Labor Productivity; Macroeconomics: Production; National Government Expenditures and Related Policies: General; Technology; general issues; Labour; income economics; Public finance & taxation; Personal income; Human capital; Productivity; Public expenditure review; Income; Industrial productivity; Expenditures, Public
• Soggetto geografico: Ukraine
• Note generali: "July 2006".
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: ""Contents""; ""I. INTRODUCTION""; ""II. EXPLAINING DIFFERENCES IN INCOME ""; ""III. EMPIRICAL ANALYSIS""; ""IV. RESULTS""; ""V. IMPLICATIONS AND DISCUSSION""; ""VI. CAVEATS""; ""VII. CONCLUSIONS""; ""REFERENCES""
• Sommario/riassunto: Ukraine 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.
• Titolo autorizzato: Ukraine
• ISBN: 1-4623-9319-5; 1-4527-6426-3; 1-283-51317-X; 9786613825629; 1-4519-8592-4
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910817456103321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Working Papers; Working Paper ; ; No. 2006/167