Author: Natali Hristova Why are we even bothering with the Belene NPP when we can neither finance it nor need the electricity? Moreover, it is doubtful to what extent the EU will allow it, especially considering the use of old Russian technology in a seismic region and with a lack of diversification in the particularly important sector of …
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Infographic: The Failure of the Eurozone
When the idea of the Eurozone was actively promoted in the 1980s and 1990s, the main advantage of the future monetary union was the expected "convergence" or, in other words, the rapprochement that it would bring about between the different member states. The idea is that, through the shared currency, the economies of the different member states would …
More »Infographic: Inflation remains below 3% in July
Source: NSI Comment: In July, consumer price inflation accelerated slightly to 2.93% on an annual basis, from 2.83% in the previous month, according to the latest NSI data. Despite the slight acceleration, inflation remains below the 3% level it has been at over the past year, and June and July are the first two consecutive months …
More »Central banks are cutting interest rates again, but recession is already knocking on the door
The US Federal Reserve cut interest rates for the first time in more than 10 years. The market correction that investors feared occurred, but it was not particularly sharp. Due to the worsening stock yields and the interest rate cut, the price of gold shot up. The main yield curve is …
More »How to do tax reforms? A universal recipe for developing countries
Author: Yaroslav Romanchuk, economist and politician from Belarus, president of the Scientific Research Mises Center. (The text is Romanchuk's recommendation for tax reform in Ukraine) The world is rapidly developing in the direction of breakthrough technologies of the IV industrial revolution. Since the end of 2010, communication between people has been fundamentally different from before …
More »Industrial production and sales collapse in June
(Click on the infographic for a larger size) Data source: NSI After a serious slowdown in growth in May, the latest NSI data show that industrial production and sales completely collapsed in June. Both production and sales are reporting record levels of decline for the last 5-10 …
More »EKIP in the media about pensions and health and tax reform proposals
In the midst of summer, our experts were sought after by the media on topics such as: healthcare, taxes and the tax system, pension system reform, stress tests of banks in the country. The month was marked by the extremely high activity of our health economist Arkadi Sharkov in the media space. In the program "Direct" on BulgariaOnAir television, …
More »Libertarianism in Ukraine – a project for development and growth
Author: Yaroslav Romanchuk, economist and politician from Belarus, president of the Scientific Research Mises Center Libertarianism is a worldview formally unknown to the majority, and Ukraine is no exception. People rarely study right-wing political philosophy in depth. Even intellectuals give contradictory, often completely opposite definitions of the term “freedom”. Namely, freedom is …
More »The right decision of the President of Uzbekistan
Author: Yaroslav Romanchuk A common criticism of libertarians is that instead of offering innovations, solutions, and concrete projects, they direct all their efforts to discredit power and the status quo. For supporters of freedom, it is of utmost importance that the world understands that this criticism is unfounded. And we can do this by promoting working …
More »More questions than solutions
More than a week ago, a draft amendment to the Law on Medicinal Products in Human Medicine (LMHPHM) was published on the website of the Ministry of Health. In addition to the changes to the law itself, the transitional and final provisions of the draft make adjustments to 10 other laws related to healthcare. A similar case was …
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EKIP– Expert Club for Economics and Politics A Different Opinion