CASE-Center for Social and Economic Research prepared an Ukrainian translation of Oleh Havrylyshyn's publication "A quarter century of economic reforms in Ukraine: too late, too slow, too little". The first aim of this paper is to describe the main developments in the Ukrainian economy since its...

The apparent contradiction between trade liberalization and continuing high trade tax revenue raises the important question of how, precisely, the one affects the other. Although policymakers generally recognize the long-term benefits of trade liberalization, some have argued for at least a...

Intro -- Contents -- Preface -- 1 The Nature, Importance, and Spread of the VAT -- 2 Basic Design Issues -- 3 Is the VAT a Particularly Effective and Efficient Tax? -- 4 Understanding the Revenue Performance of VATs -- 5 Collection Costs and the Complexity of VAT -- 6 A Survey of Advice and...

The authors examine the institutional and governance framework of modern central banks to determine whether there are lessons that can be applied to the International Monetary Funds' (IMF’s) institutional framework. Such a comparison is appealing for two reasons. First, both central banks and...