IDEAS home Printed from https://ideas.repec.org/a/eip/journl/y2013i4p62-78.html
   My bibliography  Save this article

Urgent problems in the policy of modernization of the transport infrastructure in Ukraine

Author

Listed:
  • O. Nykyforuk

Abstract

Policy of modernization is conducted based on high level documents (state strategic programs, plans and public messages). And, in the course of transport modernization, preference is given to the development of comprehensive long term transport strategies. The experience of foreign countries shows that such documents have a strict hierarchy of objectives, priorities, tasks, indicators and measures with a clear system for monitoring and corresponding institutions responsible for their fulfilment. The article provides an analysis of Ukraine's Transport Strategy and various medium-term documents on whose basis the modernization of transport in Ukraine is taking place, as well as a monitoring of the completion of the main medium-term tasks as to the transport modernization for 2010-2014, among which are: approval of the infrastructural projects of national scale, ensuring their funding from the government, as well as the World Bank, EBRD, and other donors and private investors; raising the budget funding for modernization programs and the development of the facilities of the transport infrastructure by 10% annually; and expanding the funding sources of the Road Fund. The result is the author's proposals concerning the revision of Ukraine's Transport Strategy until 2020 with its prolongation until 2030 (as regards the formulation of the transport's missions, long- and medium-term objectives, priorities, tasks, indicators and measures of national transport policy, its adjustment and reconciliation with other sectoral strategies and documents of national level. Also necessary is the transition from the financing model with prevailing foreign crediting to one with mixed crediting of the transport and its infrastructure (relying on domestic crediting), for which purpose it is necessary to diversify the sources of investment resources. It is necessary to carry out the declared policy of import substitution in order to change the rolling stock of foreign make for domestically produced items meeting the international technological and economic requirements. Due to the restricted funding of the national road facilities, it is necessary to revive the activities of the state-owned Road Fund with a clear definition of its sources and optimized expenditures.

Suggested Citation

  • O. Nykyforuk, 2013. "Urgent problems in the policy of modernization of the transport infrastructure in Ukraine," Economy and Forecasting, Valeriy Heyets, issue 4, pages 62-78.
  • Handle: RePEc:eip:journl:y:2013:i:4:p:62-78
    as

    Download full text from publisher

    File URL: http://eip.org.ua/docs/EP_13_4_62_uk.pdf
    Download Restriction: no

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eip:journl:y:2013:i:4:p:62-78. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Iryna Bazhal). General contact details of provider: http://eip.org.ua/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.