02166cas a2200313 a 4500 AALejournalIMF021736 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513582580 1018-5941 BD-DhAAL BD-DhAAL Ari, Anil. Assessing the Macroeconomic Impact of Structural Reforms in Ukraine / Anil Ari, Gabor Pula. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (37 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Ukraine's economic performance has been anemic since the early 1990s. A major impediment to productivity growth has been low investment, held back by lack of strong and independent institutions. This paper aims to assess the major areas of institutional weakness in Ukraine and quantify the long-term growth impact of catching-up to Poland in terms of the quality of major economic institutions and market development. Our analysis identifies the legal system as the area where the institutional quality is weakest compared to Poland, followed distantly by market competition, openness to trade and financial depth. Using a methodology that accounts for positive spillovers between the structural reform areas, we estimate that even under the most optimistic scenario, where institutional gaps are fully addressed, Ukraine would need 15 years to catch up to Poland's current income level. Mode of access: Internet Foreign Exchange imf Informal Economy imf Institutions and The Macroeconomy imf Production imf Underground Econom imf Pula, Gabor. IMF Working Papers; Working Paper ; No. 2021/100 Full text available on IMF http://elibrary.imf.org/view/journals/001/2021/100/001.2021.issue-100-en.xml IMF e-Library