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Energy: Market or Design?
Economy
Energy: Market or Design?
There are those who view markets as functional (albeit imperfect) tools for economic decisions and those who think markets always fail at this task. Add to that the intricacies of the energy sector, and the discussion about markets in the energy sector becomes an argument between economists and engineers written down by lawyers.
Any Change in the Role of Ukrainian Small Business?
Economy
Any Change in the Role of Ukrainian Small Business?
How to tax small businesses? In recent months, this question has become the centre of heated discussions in Ukraine. The main topic of the discussions is the future of the Simplified System of Taxation, Accounting and Reporting (or Simplified Tax System, STS), which may be reformed as part of the government\'s tax reform.
Export Benchmarks for Ukraine: What Are We Striving For?
Economy
Export Benchmarks for Ukraine: What Are We Striving For?
Today, when we talk about increasing the export capacity of Ukraine, we can hear about the need to focus on exporting the high-tech products, products with high value added and a high level of processing - it seems very attractive because all of the above are important \"export benchmarks\" which should be strived for.
Is Ukrainian Energy Sector Prepared for Winter Season?
Economy
Is Ukrainian Energy Sector Prepared for Winter Season?
The forthcoming heating season of October 2015–April 2016 may be the most challenging season for the Ukrainian energy sector since Ukraine’s independence. Each subsector of energy sector has its own challenges in addition to the general problems such as the military conflict in the East, currency depreciation, debt accumulation, and high inflation.
Expensive Rule of Law and Justice
Economy, Politics
Expensive Rule of Law and Justice
About PLN 60 billion in spending and (in the beast case scenario) PLN 10 billion in extra revenue. PLN 40 billion of deficit. It seems that Poland can go broke within the forthcoming year. The question is whether Law and Justice (PiS) intends to sink the country or maybe Beata Szydło’s cabinet is designed to withdraw from the promises and fail so that Jarosław Kaczyński may step in and save the day?
Promoting Virtue
Economy, Politics
Promoting Virtue
In considering the extent to which the state should be relied upon to promote social cohesion and virtue, one must keep in mind the potential associated pitfalls as well as the other possible means to accomplish the same desired ends.