Encouraging Trade and Foreign Direct Investment in Ukraine.
Title:
Encouraging Trade and Foreign Direct Investment in Ukraine.
Author:
Crane, Keith.
ISBN:
9780833042781
Personal Author:
Physical Description:
1 online resource (63 pages)
Series:
Rand Publication Series
Contents:
Cover -- Preface -- Contents -- Figures -- Summary -- Acknowledgments -- Chapter One - Introduction -- Missed Opportunities -- Why Foster Foreign Trade or Seek Foreign Direct Investment? -- Ukraine Has Been Slow to Foster Trade or Seek ForeignDirect Investment -- Research Approach -- Organization of This Monograph -- Chapter Two - Foreign Trade, Foreign Direct Investment, and the Ukrainian Economy -- Ukrainian Economic Growth: The Record -- Ukraine's Foreign Trade -- Evolution and Principal Trading Partners -- Trade with the United States -- Foreign Direct Investment in Ukraine -- Chapter Three - Barriers to Trade and Foreign Direct Investment in Ukraine -- Corruption -- Barriers to Trade -- Ukraine Is Not Yet a Member of the World Trade Organization -- Difficulties in Obtaining Refunds for Value-Added Tax -- Certification and Standards -- Embargoes -- Export Taxes -- Barriers to Foreign Direct Investment -- Complicated Regulatory and Legal Environment -- Availability of Land and Premises -- Inconsistencies in Commercial Law -- Deficiencies in Laws on Joint Stock Companies -- Privatization -- Energy -- Chapter Four - Recommendations for Improving the Climate for Trade and Foreign Direct Investment in Ukraine -- Reducing Corruption -- Fostering Trade -- Attracting Foreign Direct Investment -- Setting Priorities and Sequencing -- References.
Abstract:
Despite the fact that two ostensible economic policy priorities in Ukraine are to liberalize trade and improve the climate for foreign direct investment (FDI), successive Ukrainian governments have found it singularly difficult to pass legislation and implement policies to address these priorities. The study's primary objective was to analyze Ukraine's current environment for foreign trade and FDI and to develop policy proposals that will foster Ukraine's foreign trade and attract more FDI, especially with respect to the United States. The report describes existing barriers to trade and FDI, chief among which is corruption, and recommends a two-pronged strategy for removing the worst of these barriers: one prong focused on a few highly visible policy changes that would bring results within 100 days; the other focused on setting in motion changes in Ukrainian institutions that would reduce corruption and other impediments over a longer period.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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