Budget Chronicles: 4th quarter, 2014 Budget Analysis
Neither public revenue targets, nor public expenditure targets were reached in 2014. However, the Ukrainian government did not learn its lesson, and the budget for 2015 is not realistic either.
A maverick currency scheme from the 1930s could save the Greek economy Monetary Policy
Since countries started using paper money, the humanity has been concerned with the effect printing money has on the economic development. Some countries benefit from it, as their currencies are freely convertible and have status of reserve currencies. Other countries, mimicking the behavior of mature economies, hurt themselves causing devaluation and hyperinflation. There are many ideas and theories on how paper money may benefit communities. «A maverick currency scheme from the 1930s could save the Greek economy» by George Monbiot published in The Guardian on February 17, 2015 is very well worth reading. It presents one of those ideas – local currency – and explains how it could address a crisis. Follow the link and enjoy!
Cabinet of Ministers introduces amendments to budget for 2015 to Parliament Budget Analysis
The Cabinet of Ministers suggests 4.7 percent increase in revenue and 6.7 percent increase in expenditure. This is going to cause deficit to increase to 4.1% GDP. The debt limit is going to be increased by 18.6%.
For the people, by the people in Indonesia Public Control
«For the People, By the People in Indonesia» by Rushda Majeed and Jonathan Friedman published in Foreign Policy on October 16, 2014 is very well worth reading. The Price of the State believes that community participation is an important step toward real decentralization in Ukraine, and Indonesia has accumulated some valuable experience in this area. Follow the link and enjoy!
World’s pension systems: from crises to reforms Social Welfare
Ukraine’s pension problems are not unique. Other countries have faced and are facing similar issues.
US pension system: free to decide your own pension Social Welfare
What has an impact on what your pension will be in the US?
Lectures on economics and reforms by famous professors and economists from USA, UK, Ukraine, and Georgia Public Control
University of Pittsburgh (USA) professor Timofey Milovanov, University of Sheffield (UK) professor Alexander Talavera, famous economist Vyacheslav Rabinovich, the best faculty members from the top Ukrainian business schools will lecture in Kyiv on March 19-22, 2015.
Parents in the UK have more influence on schools than the Department for Education Education
What features should Ukraine borrow from the British education system? This publication was prepared in partnership with Focus.