Recently in Reports & Books Category

Ukraine and fiscal space for growth

A recent World Bank report on Ukraine- Creating Fiscal Space for Growth: A Public Finance Review;

“Recent economic and fiscal trends in Ukraine, combined with the financing requirements of the reform agenda, have brought fiscal pressures to the fore. Ukraine’s economy grew by more than 50 percent between 1999 and 2004, but growth decelerated from 12.1 percent in 2004 to 2.6 percent in 2005. Contributing to this slowdown were less favorable terms of trade dynamics (in particular for metal prices)1 and a substantial deceleration in investment demand (partly as a result of uncertainty about government policies and cutbacks in public investment). Despite the recovery of the economy in the first semester of 2006 (5 percent growth y/y), the short term outlook is still threatened by potential further increases in energy prices in 2007. At the same time, increasing public spending threatens to crowd out the private sector. Driven by hikes in pensions and public sector wages, public spending soared from 39.4 to 44 percent of GDP in 2005, placing significant pressure on public finances. This high public spending and its consumption orientation risks generating inflationary impulses and higher interest rates, and eroding household wealth. Ukraine also has a high tax burden which discourages the private sector.”

Podcast of the Day- Doing Business 2007

Book forum from Cato is now online How Nations Prosper: Economic Freedom and Doing Business in 2007;

“Nations that are more economically free outperform less free nations in growth and levels of prosperity. James Gwartney, coauthor of the annual Economic Freedom of the World report, will review current trends and the latest research on the impact of regulations, the rule of law, and other aspects of economic freedom on the whole range of development indicators. Simeon Djankov will show how excessive bureaucratic procedures and government fees make it prohibitively expensive for the world’s poor to join the formal economy. Reform can make it easier for entrepreneurs and businesses to create wealth. Djankov will show which countries are making progress, how they are successfully reforming, and the potentially large growth opportunities they can expect.” Listen to the podcast.


Related;
Simeon Djankov and the Doing Business Database
Discussing Doing Business
The Road Less Traveled of Business Regulatory Reform

Free the World



Related;
Read My Lips

Pocket Guide to Asian Think Tanks

From Asian Development Bank Institute;

“This is a handy guide to the leading Asia-Pacific think tanks working on development and economics. Each entry
- provides web links to the think tank and its research staff,
- describes the current research program,
- lists if visiting researcher or internship programs are offered, and
- states whether online publications are freely available."

Related; Think Tanks and Policy Advice in Countries in Transition

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