Your Receipt from the state – 2016 Budget Analysis
The cost of the state is decreasing… but not for everyone. We have analyzed the latest changes of the compromise version of the tax reform from the Ministry of Finance of Ukraine.Ministry of Finance of Ukraine
Social bonuses: how to fund social services and not to increase budget expenditures Social Welfare
The budget cuts cause harsh debates. On the one hand, the budget is indeed short of money. On the other, cut of social welfare expenditures also leads to discontent. Is there any alternative?
Financial assistance for newly born babies even in France is not for the rich Social Welfare
Every year the government spends dozens of billions hryvnias for social protection, which is one of the largest spending items of the general budget. As a result, it appears that in our country the richer your are the more “social protection” you have from public funds.
Endowment in Higher Education: International Practice and Ukrainian Reality Education
Dependence on state donations isn't a key to academic success. This statement finds its support in the financial structure of the most prominent world universities. Endowment is a source of regular and stable income for such well-known universities as Harvard, Yale, Princeton and Stanford. The revenues from endowment are generally allocated to a wide range of university's academic and non-academic purposes: provision of scholarships to talented students, financing research and innovations, covering additional costs for health care, public services and sports events. Conventionally, each endowment-fund consists of a charitable donor contributions and donations of patrons, which are subsequently invested and income received upon is directed to satisfy academic needs. This is the topic of our report "Endowment in Higher Education: International Practice and Ukrainian Reality", which we are pleased to bring to your thorough consideration.
Why closing down schools with small numbers of pupils is good for education of pupils and budget of the country Education
One of the ways to make the budget distribution more efficient in the field of education is to reform schools with small numbers of pupils. Which effect it will have on the level of education of pupils in the countryside? Read the article below.
Chilian Reforms History
Successful reform is the result of hard work of talented people. Dozens have been trying to replicate successful experience. However, any imitation or procrastination on reformation path has irrevocable consequences. The experience of Chile shows that well-prepared and decisive reforms – is the only way to rescure your country from poverty trap. We suggest to our readers a translation of extract about reforms in Chile from “The Ascent of Money” by Niall Ferguson. Translation: Valeria Kotil, intern «Price of the State».
History of of Argentina’s pension system reform, or Latin American robbery History
Ukraine’s pension system has been in need for reforms for a long time already. In this context, it is interesting to learn how other countries went through this process. Here is a story of Argentina’s pension system reform – one of the most interesting in the world.
A Short History Of Taxes History
America was tax-free for much of its early history. It would take a Civil War and two world wars to bring income tax, enterprise profit tax and property tax into the young nation. More about history of taxes in US you can read at “A Short History Of Taxes” by Andrew Beattie . Follow the link and enjoy!
Mountains of Debt (the history of state bonds) History
In 2015 Ukraine almost defaulted. The issues of state debt and debt restructuring are widely discussed in society. Against this backdrop it is of interest the history of state debts and how the bonds’ market was started. We suggest to our readers a translation of extract about the history of state bonds from “The Ascent of Money” by Niall Ferguson. Translation: Valeria Kotil, intern «Price of the State».
Budget Chronicles: 2nd quarter 2015 Budget Analysis
In second quarter 2015 general budget revenues increased 41.0% y/y up, general budget spending increased 20.1% y/y. As a result, general budget surplus shrunk to UAH 12.3 billion by the end of June.