Інститут економічних досліджень та політичних консультацій

Since the full-scale invasion, the share of Ukrainian agricultural exports to European countries has increased from 32% of the total (2021) to 56.8% (2023). This figure remained high in 2024 🚀 The Polish agricultural sector is one of the strongest in the European Union: up to 73% of agricultural exports from Poland go to the EU market. And over the past 19 years, Poland's agricultural exports have grown from 5.2 billion euros (2004) to 51.8 billion euros (2023) 👉 Is cooperation between Polish and Ukrainian companies in the agri-food sector on the European market possible? Are they going to compete severely or search for synergy? Read our report written together with the experts of Warsaw Enterprise Institute and funded by the Open Society Foundation and the International Renaissance Foundation. https://lnkd.in/d35WQKJc #business #agriculture #agri #poland #ukraine #eu

All agri🌽figures for the EU and Ukraine (2021) in one table from the report "EU integration of Ukraine — assessing the challenges for agrifood public authorities". Save to your desktop and use whenever you need! Full report here https://cutt.ly/veL4xoeD

This morning, russian army launched a massive missile attack on several regions of Ukraine. And these were the main impediments to doing business in Ukraine in October '24. "It is dangerous to work" in the 1st place... More data in the October business survey 👉 https://lnkd.in/dPsfQ_zW You can find all the monthly business surveys since May 2022 here 👉 👉 https://lnkd.in/d4K-22RN Supported by the European Union #business #wartime #Ukraine

Join us tomorrow at 15.00 (Kyiv time) for the online discussion "First Summit of the Eastern Partnership Civil Society Forum: Outcomes for Ukraine". https://lnkd.in/dFvweMcT Topics: 🔸The Eastern Partnership Civil Society Forum under the influence of Russian threats; 🔸 Strengthening the role of civil society in the Eastern Partnership and enlargement policy; 🔸The Eastern Partnership as a platform for interaction between Ukrainian and European civil society; 🔸Revising of the Eastern Partnership policy and synergy with the EU enlargement agenda; 🔸 Resolution of the First Summit of the Eastern Market Partnership as a tool for advocacy of Ukraine's priorities. Speakers: - Reinis Poznaks, Member of the European Parliament - Tanel Tang, Team Leader for Policy Coordination, Ukraine service, DG NEAR, European Commission - Andris Gobiņš, Member of the European Economic and Social Committee - Natalia Andrusevych, Resource and Analysis Center "Society and Environment" - Lasha Tugushi, Co-Chair of the Steering Committee Eastern Partnership Civil Society Forum - Sintija Bernava, Chairwoman of the Board "Donum Animus", Eastern Partnership Civil Society Forum representative to the EU-Ukraine CSP - Yaroslav Morozov, Program Assistant for Exchanges to Internships (EtoI) Program youth civic engagement program, American Councils for International Education (Ukraine)

External Trade Monitoring of Ukraine, November 2024 https://lnkd.in/dwk6ZdF4 💥 In October, Ukrainian exports, according to customs, increased by 42% year-on-year (yoy) and amounted to USD 3.89 bn. 💥 This was the highest figure this year. Export growth was from a relatively low base last year. 💥 Exports of agricultural products increased by 49% yoy to USD 2.43 bn. This was due to higher export volumes and higher export prices, driven by better logistics conditions than last year, faster harvesting and higher global prices in recent months. 💥 Thus, the physical volumes of corn exports increased by 71% yoy, and soybeans by 55% yoy due to faster harvesting. 💥 Wheat exports increased by 60% in dollar terms due to growth in the exports volumes by 27% yoy and export prices by 26% yoy. 💥 At the same time, world prices for grain crops, although they have increased in recent months, were lower than last year. However, part of the increase in exports is due to smaller stocks for export in the coming months. Read more at the link 🔗https://lnkd.in/dwk6ZdF4 #export #import #corn #wheat #soybeans #harvest #ukraine #customs #trade

👉 GDP growth of Ukrainian economy decelerated to 1.1% yoy in October from 4.0% yoy in September. 👉 There were no scheduled electricity outages in October, and electricity imports decreased by 58% mom to 181 thousand MWh. 👉 On November 1, Ukraine began the natural gas withdrawal season from its underground storage facilities, where it accumulated 12.9 bn cubic meters of gas. 👉 In October, transshipment in seaports increased by 16% mom to 8.1 m tons. 👉 Exports jumped to USD 3.8 bn in October, reaching its highest level this year. 👉 The President has not yet signed the amendments to the Tax Code of Ukraine, which were supposed to generate additional resources for the budget for this and the following year. 👉 The fifth review of the IMF program was successful and allowed Ukraine to receive USD 1.1 bn from the Fund. 👉 The United States and the EU have approved important decisions regarding their contribution to Ukraine under the USD 50 bn package from G7, which should be secured by russian assets. 👉 In October, inflation reached 9.7% yoy, primarily due to a significant rise in prices for several food products. 👉 The hryvnia has remained stable against the dollar since July. The key policy rate also remained at 13% per annum. Read for more in our #MEMU 🔗https://cutt.ly/GeKj8xDv #economy #business #october #results #exports #imports

The table below demonstrates that Ukraine’s current agriculture financing gap is about €3.3 billion. This is a huge amount compared to what Ukraine used to spend before (around €600 million annually), so prioritization would be needed. Arguably, the IACS infrastructure and inspection and control (food safety and environment control infrastructure) domains would need a priority focus that together would require an additional €548 million of annual financing, which is equivalent to the current total agricultural financing (producers’ and general services support) available in Ukraine. Find more in the Oleg Nivievskyi research paper "EU integration of Ukraine – assessing the challenges for agri-food public authorities" created within the joint project of Institut für Europäische Politik e.V. and IER. 🔗https://lnkd.in/d9TizgU9

Polish companies have enough resources to enter the Ukrainian market and are ready to work on it. Konrad Wyrwas, director of development strategy of the Polish Association of Construction Employers, announced this at the discussion "European integration of the construction industry: Poland's experience and prospects for Ukraine," which was organized by #IER together with Warsaw Enterprise Institute. At the event, we gathered Polish and Ukrainian experts to discuss the Ukrainian and Polish construction markets, the possible participation of Polish companies in Ukraine's reconstruction and modernization, and the entry of Ukrainian companies into the Polish market. Key conclusions from the discussion: 🔹Ukrainian manufacturers of building materials can satisfy 90% of reconstruction needs, and Ukrainian companies are ready to carry out construction works in cooperation with European Union partners. 🔹500,000 people are involved in Polish construction companies that employ 1.3 million people. By 2022, it will use approximately 300,000 builders from Ukraine. 🔹If 10 years ago the Polish market was dominated by Western capital, now a third of the largest companies are entirely Polish. 🔹Western countries, which will finance Ukraine's reconstruction, will demand zero corruption and transparency of tenders. 🔹Ukraine may not worry about financing the recovery since "in Western countries, there is quite a lot of excess liquidity of the financial sector, and there will be money for recovery." 🔹However, the problem will be how these funds will be spent. As long as the transparency of tendering processes does not fully meet European standards, there will be problems entering the country and implementing projects in Ukraine. 👉Watch the discussion at the link on YouTube: https://lnkd.in/dGQr_NPj

Join us on Tuesday 22th of October for an inspiring discussion “How to stay resilient during the War” during the panel session at the Civil Society Policy Forum (CSPF) within the framework of the 2024 Annual Meetings of the The World Bank and International Monetary Fund. The discussion emphasizes the importance of adaptability, strategic management, and international cooperation in maintaining resilience in the face of adversity. 🕣 When: Tuesday, October 22 at 21:00-22:30 Kyiv time (or 14:00-15:30 ET) 📍Where: Washington DC offline on the fields of the World Bank and IMF autumn meeting and online in Zoom (the registration is required) 🇺🇸 Language: English with simultaneous translation to French and Arabic The registration is available via the link: https://bit.ly/4gQUQCh Moderator: Sanaa Nadeem, IMF Deputy Mission Chief for Ukraine Panelists: Oleksandra Betliy, Leading Research Fellow, Institute for Economic Research and Policy Consulting Olena Pavlenko President of DiXi Group think tank Karlis Smits, Lead Economist and Program Leader for Economic Policy for Eastern Europe World Bank Roman Kachur, Senior advisor, World Bank Session organizers:  International Renaissance Foundation, RRR4U Consortium (Resilience, Reconstruction and Relief for Ukraine) – DiXi Group, Institute for Economic Research and Policy Consulting, Center for Economic Strategy, Institute for Analysis and Advocacy. The activities of RRR4U are supported by a grant from the Open Society Foundations.

How to stay resilient during the War? In 2014, russia invaded Ukraine, occupied part of the eastern territories, annexed Crimea, and started a proxy war. Despite it, Ukraine has managed to implement crucial reforms: ✅ The electronic public procurement system Prozorro | Система публічних закупівель Прозорро was created and received the World Procurement Award. ✅ Ukraine became one of the leaders in fiscal transparency. ✅ It also managed to reduce its debt-to-GDP ratio from 80% at the end of 2016 to 50% by the end of 2019 and kept it at that level throughout COVID-19 years. ✅ Banking system became sound. ✅ The Ukrainian government also started many reforms in corporate governance, the energy market, etc. These reforms allowed Ukraine to remain resilient even after russia started a full-scale invasion of the country on February 24, 2022. Moreover, reforms continued during the full-scale war and culminated in the EU decision on accession negotiations. This makes Ukraine's experience a valuable lesson for other nations confronting external large-scale non-economic shocks and “black swans.” On October 22, we would like to answer the question “How to stay resilient during the War” during the panel session at the Civil Society Policy Forum (CSPF), which will be held within the framework of the 2024 Annual Meetings of the World Bank Group and the International Monetary Fund. A Q&A session and comments from the participants will follow the panel discussion. When: Tuesday, October 22 at 14:00-15:30 ET Where: Washington DC offline on the fields of the World Bank and IMF autumn meeting and online in Zoom (the registration is required)  Language: English with simultaneous translation to French and Arabic The registration is available via the link: https://bit.ly/4gQUQCh Offline participation is restricted only to those participants who are registered for the participation in Autumn IMF/WB meetings in general or Civil Society Policy Forum, in particular.   Moderator: Vladyslav Rashkovan, Alternate Executive Director, IMF Panelists: - Oleksandra Betliy, Leading Research Fellow, Institute for Economic Research and Policy Consulting (IER) - Olena Pavlenko, President of DiXi Group think tank - Karlis Smits, Lead Economist and Program Leader for Economic Policy for Eastern Europe, The World Bank - Roman Kachur, Alternate Executive Director, The World Bank Bank Session organizers:  International Renaissance Foundation, RRR4U Consortium (Resilience, Reconstruction and Relief for Ukraine) – DiXi Group, Institute for Economic Research and Policy Consulting, @Center for Economic Strategy, Institute for Analysis and Advocacy.  The activities of RRR4U are supported by a grant from the Open Society Foundations