A SYSTEM OF POLICY PROPOSALS DERIVED FROM ESTIMATED EQUATIONS: ARCHITECTURE AND EXPECTED EFFECT
Анотація
The article develops a model-informed policy package for Ukraine’s post-conflict recovery. A matrix of marginal returns links five latent components to six macroeconomic indicators. Normalised aggregate returns determine the direction and relative size of annual component shifts, while estimated lags guide sequencing. The contribution is a transparent procedure connecting estimated equations, component priorities and policy proposals. Six measures combine digital settlement, service-export taxation, institutional safeguards, tax administration and regulatory alignment. Scenarios to 2031 indicate higher investment and an improved goods trade balance, but do not reverse the projected output contraction. Weak exchange-rate fit, a short Ukrainian sample and uncosted interventions limit interpretation. The package is a conditional scenario design, not a proven causal effect or a fully costed optimum. Results require monitoring and re-estimation as new observations become available.
Посилання
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BIS. Central bank digital currencies: ongoing policy perspectives. 2023. URL: https://www.bis.org/publ/othp65.htm
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FATF. Updated Guidance for a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers // Financial Action Task Force. 2021. URL: https://www.fatf-gafi.org/content/dam/fatf-gafi/guidance/Updated-Guidance-VA-VASP.pdf
Hausmann R., Rodrik D., Velasco A. Growth Diagnostics. Growth Lab Working Paper Series. 2005. No. 3. Harvard Kennedy School. URL: https://growthlab.hks.harvard.edu/publication/growth-diagnostics/
IMF. Boosting Economic Recovery after Conflict // Regional Economic Outlook: Middle East and Central Asia. 2025. Ch. 2. P. 26–39. URL: https://www.imf.org/-/media/files/publications/reo/mcd-cca/2025/october/english/ch2.pdf
IMF. Ukraine: Technical Assistance Report—Tax Administration Reforms and Governance Options. IMF Country Report No. 16/49. 2016. URL: https://www.imf.org/external/pubs/ft/scr/2016/cr1649.pdf
Inflation Report (April 2025)//Національний банк України [Електронний ресурс]. — Режим доступу: URL: https://bank.gov.ua/admin_uploads/article/Inflation_Report_for_Experts_pr_2025-Q2_en.pdf.pdf?v=14
Lucas R. E. Econometric Policy Evaluation: A Critique. Carnegie-Rochester Conference Series on Public Policy. 1976. Vol. 1. P. 19–46.
OECD. (2025). Economic Surveys: Ukraine 2025. URL: https://www.oecd.org/en/publications/oecd-economic-surveys-ukraine-2025_940cee85-en.html
OECD. The Role of Digital Platforms in the Collection of VAT/GST on Online Sales. Paris: OECD Publishing, 2019. URL: https://doi.org/10.1787/e0e2dd2d-en
Official Exchange Rates//bank.gov.ua. — URL: https://bank.gov.ua/en/markets/exchangerates
Rodrik D. Institutions for High-Quality Growth: What They Are and How to Acquire Them // Studies in Comparative International Development. — 2000. — Vol. 35, No. 3. — P. 3-31. — URL: https://link.springer.com/article/10.1007/BF02699764
Tinbergen J. On the Theory of Economic Policy. Amsterdam: North-Holland, 1952. 78 p. URL: https://pure.mpg.nl/rest/items/item_2159074_2/component/file_2159073/content
Ukraine: Sixth Review Under the Extended Arrangement Under the Extended Fund Facility // www.imf.org. — URL: https://www.imf.org/en/publications/cr/issues/2024/12/20/ukraine-sixth-review-under-the-extended-arrangement-under-the-extended-fund-facility-559954
[XLS] 8.2.2. // www.ukrstat.gov.ua. — URL: https://www.ukrstat.gov.ua/csr_prezent/2020/engl/metadata_e_new/08/data/8.2.2.xlsx
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