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Regulatory Policy in Ukraine: Current State and What Should be Done to Improve the Business Environment

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  • Ewa Balcerowicz
  • Oleg Ustenko
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    Abstract

    The regulatory environment for businesses in Ukraine has been considered unfavorable and market unfriendly. Although various governments have made numerous efforts to improve it, many of these attempts have failed and increasing the quality of the regulatory environment in the country still remains on the agenda of the government. With this report we claim to review a set of measures undertaken in Ukraine after the Orange Revolution in the area of deregulation of business activity. The paper analyzes the effectiveness of actions undertaken in Ukraine in a general framework of successful regulatory policies implemented in other parts of the world. Based on this analysis we developed concrete public policy measures aiming to increase the quality of the regulatory environment in the country, which, in turn, should secure Ukraine’s further movement toward a real, functioning market economy.

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    File URL: http://www.case-research.eu/upload/publikacja_plik/10822499_sa324.pdf
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    Bibliographic Info

    Paper provided by CASE-Center for Social and Economic Research in its series CASE Network Studies and Analyses with number 0324.

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    Length: 31 Pages
    Date of creation: 2006
    Date of revision:
    Handle: RePEc:sec:cnstan:0324

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    Related research

    Keywords: Ukraine; public policy; business environment; regulation; creation of regulation; business community participation; registration; permit; licensing;

    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Simeon Djankov & Rafael La Porta & Florencio LopezdeSilanes & Andrei Shleifer, 2000. "The Regulation of Entry," NBER Working Papers 7892, National Bureau of Economic Research, Inc.
    2. C.C. von Weizsaker, 1980. "A Welfare Analysis of Barriers to Entry," Bell Journal of Economics, The RAND Corporation, vol. 11(2), pages 399-420, Autumn.
    3. Vladimir Dubrovskiy, 2006. "Towards Effective Anti-Corruption Strategies in Ukraine: Removing the Cornerstone without Toppling the Building," CASE Network Studies and Analyses 0322, CASE-Center for Social and Economic Research.
    4. Demsetz, Harold, 1982. "Barriers to Entry," American Economic Review, American Economic Association, vol. 72(1), pages 47-57, March.
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    Cited by:
    1. Dabrowski, Marek, 2007. "Ukraine at a Crossroads," MPRA Paper 11966, University Library of Munich, Germany.

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