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News of the Institute

New horizons of cooperation

The development of international scientific and technical cooperation, in particular the search fornew partners, is now an integral part of activities of research institutions in Ukraine. The State Organization “Institute of Economics and Forecasting of the National Academy of Sciences of Ukraine” also pays considerableattention to this issue. Thus, on September 19, 2018, the Institute hosted a delegation from the Jiangxi Academy of Sciences (People’s Republic of China) headed by its President Xiong Shaoyuan. The Institute was represented by the Deputy Director of the Institute Andrii Hrytsenko, the Deputy Director Sergii Korablin, scientific secretary Vladimir Khaustov, the Head of the sector of forecasting of fuel and energy complex Roman Podolets, the Senior Researchers Olena Stepanova and Vitalii Gryga. The main purpose of the meeting was to discuss areas and further S&T cooperation between Jiangxi Academy of Sciences and Institute for Economics and Forecasting NAS of Ukraine.fin_IMG_0643

The Deputy Director of the Institute Andrii Hrytsenko opened the meeting and introduced the Institute to Chinese colleagues. The President of the Jiangxi Academy of Sciences Xiong Shaoyuan and the Director of the Institute of Science and Technology Strategy Zou Hui presented Jiangxi Academy of Sciences and praised the existing experience of cooperation with the Institutes and researchers of the National Academy of Sciences of Ukraine, and in particular – the work of the Senior Researher Vitalii Gryga at the Institute of Science and Technology Strategy as a high-end expert in March 2018. Also Zou Hui proposed a number of thematic directions for deepening of cooperation between the Institutes, namely research in the field of S&T strategies, industrial development analysis, etc. The Deputy Director Sergii Korablin paid attention on the relevance of the study of Chinese experience and outlined the relevant areas, including the experience of China’s industrial policy and its provinces, the financing of technological modernization of enterprises and the study of development institutes, etc.

Senior Researcher Vitalii Gryga shared his experience of working at the Institute of Science and Technology Strategy, where he prepared and presented analytical materials on technological foresight and on peculiarities of the establishment of successful industrial and technological parks.

During the meeting, possible forms of cooperation such as programs of admission of foreign specialists in Jiangxi province, joint research projects, including international, as well as participation and organization of joint events, conferences and seminars, were discussed by participants.

final_IMG_0634In conclusion, the deputy director of the Institute Andrii Hrytsenko thanked his Chinese colleagues and expressed his hope for deepening cooperation and realization of joint projects. The President of theJiangxi Academy of Sciences Xiong Shaoyuan, thanked the Institute for the hospitality and invited Ukrainian colleagues to visit Jiangxi Province.

According to the results of the meeting, a bilateral cooperation agreement between the Institute of Economics and Forecasting of NAS of Ukraine and the Institute of Science and Technology Strategy of the Academy of Sciences of Jiangxi Province was signed.


Chinese And Ukrainian Academics Discuss The Initiative “One Belt, One Road”


Economic and financial potential of successful cooperation between Ukraine and the PRC within the context of implementation of the Initiative “One Belt, One Road” was discussed at a round table held by the State Organization “The Institute for Economics and Forecasting of the NAS of Ukraine” (IEF) on 23 January 2018. Leading academics of the Institute of World Economics and Politics (IWEP) of Chinese Academy of Social Sciences took part in the round table during their first working visit into Ukraine.

Institute of World Economics and Politics of Chinese Academy of Social Sciences was represented by its Director Zhang Yuyan, Deputy Director of the Department of International Strategy Ren Lin, Senior Research Fellow of the Section of International Strategy Lu Guoxueand Research Fellows  of the Department of International Political Economics Tien Xu and Liu Wei.


Director of the Institute for Economics and Forecasting of the NAS of Ukraine, Academician Valeriy M.Heyets familiarized Chinese scientists with the main areas of scientific research conducted by the IEF and outlined the prospects of joint scientific research and other forms of cooperation between the IEF and IWEP aimed at intensification of economic cooperation between Ukraine and the PRC and promotion of their sustainable socio-economic development.

Director of the Institute of World Economics and Politics of Chinese Academy of Social Sciences Pr. Zhang Yuyan expressed interest in joint scientific research with the Institute for Economics and Forecasting of the NAS of Ukraine. He also described the main stages and the results of the implementation of the “Policy of Openness” of the PRC and presented PRC’s  initiative “One Belt, One Road”.

Deputy Director of the Institute for Economics and Forecasting of the NAS of Ukraine, Corresponding Fellow of NASU Professor Anatoliy A.Hrytsenko described the main prospects and specific features of Ukraine’s current socio-economic development. He emphasized the need to jointly analyze the experience of reforms of Ukraine’s and China’s economies, to identify the mechanisms of economic development common to both Ukraine and China and those that differ. He underlined strong  potential for Ukraine’s adoption of progressive instruments of economic reform in China suitable to current interests of Ukrainian state.

Modern time economic issues and potential of the development of economic cooperation between the PRC and Ukraine under the pressure of today’s challenges and structural changes of global economy were expounded in the report of the Deputy Director of IWEP’s Department of International Strategy Ren Lin.

Head of the Department of Modelling and Forecasting of Economic Development of the IEF, Fellow of the NAS of Ukraine, Dr. of Science in Economics M.Skrypnychenko proposed approaches to modelling and assessment of prospects of mutually advantageous bilateral economic cooperation between China and Ukraine within the framework of implementation of the initiative “One Belt, One Road”.

Fiscal preconditions of cooperation between the PRC and Ukraine that are conducive to economic activity for the implementation of the concept “One Belt, One Road” in Ukraine were defined in the presentation of the Director of the Section of Public Finances I.Lunina. She specified main areas of reforming the corporate income tax and value added tax with the purpose of lowering the tax burden on  business in Ukraine comparison with those of the EU countries. She also described the options of simplified system of taxation for agricultural sector.

The main trends and sectoral structure of economic cooperation between Ukraine and the PRC during the last decade were explored in the report by Senior Research Fellow of the Section of Public Finances PhD in Economics O.Stepanova. She defined specific features of investment activity and practices within cooperation between Ukraine and China and outlined prospective mechanisms of intensification of economic cooperation in the context of the PRC’s initiative “One Belt, One Road” implementation in Ukraine. She listed among them: the possibility to establish a Free Trade Agreement between Ukraine and the PRC under conditions of the fulfillment of the Ukraine-EU Association Agreement; involvement of international financial organizations and transnational corporations into cooperation with Ukraine on the basis of public-private partnership. The speaker mentioned specifically the Asian Bank for Infrastructural Investment and the Investment Fund Silk Road Company. Dr. O.Stepanova also dwelt upon the transfer of technologies and on creation of “technological parks” in Ukraine (referring to the technopark project  “Great Stone” in the Republic of Belorus as an example). She also underscored the option of setting up manufacture and logistics clusters in order that the advantages of Ukraine-EU Association Agreement can be used.

Dr. of Science in Economics O.Nykyforuk, Head of the Department of Manufacturing Infrastructure Development, briefed the participants of the round table on the prospects of Ukraine’s participation in the initiative “One Belt, One Road” in terms of infrastructure development. She also informed them about the research done by her Department. The speaker stressed the fact that the new transportation corridors, built under the New Silk Road concept, can shorten the terms of cargo deliveries from China to Europe by waterways from today’s 45-60 days to 10-13 days, using land routes. She also emphasized the interest of the PRC for Chinese construction and railroad companies to enter the markets of other countries thus providing them with work for decades to come. For Ukraine this is an opportunity to draw Chinese investments into the development of its own infrastructure and built its system of transportation and logistics into the global transportation and logistics networks already functioning on Eurasian continent.

The role of tourism as a factor in the advancement of cooperation between Ukraine and the PRC was highlighted by the Head of the Sector of International Financial Research, PhD in Economics O. Borzenko. She stated that modern trends in the development of tourism are positive. The growing interest of the tourists to our culture, large amount of advertisement, availability of information increase the opportunities for communication between the peoples of Ukraine and China. The speaker pointed out that job creation, new recreational facilities, networks of tourist infrastructure capable of rendering various paid and free services should be priorities in both domestic and international tourist business. Among the priority segments of tourist business development Dr. O.Borzenko also mentioned consolidation of political and economic ties among all members of international community on the new entirely new positions determined by the principles of the UN and universal human values. She also prioritized the development of the project “Oriental Express”.

Prospective forms of cooperation between Ukraine and the PRC through new organizational forms of innovation, of clusters under the “One Belt, One Road” initiative were presented in the report of a leading Researcher of the Department of Innovation Policies, Economics and Organization of Advanced Technologies, PhD in Economics O. Boyko. To create them we first of all need to develop legislation regulating these clusters. The notions of “cluster”, “cluster development policy”, “clusterization” need to be defined. Development of cluster relationships and networking under “One Belt, One Road” initiative is needed too. The models of application of public-private partnership mechanism should be developed so that non-governmental investment resources can be drawn into development of the clusters. Transboundary clusters and mechanisms of their setting up should also be defined by law. Generally speaking, the clusters can become a mechanism of acceleration of economic transformations invoked by the initiative “One Belt, One Road”.

The areas of mutually beneficial cooperation, its mechanisms and prospects determined during the round table were incorporated into the Memorandum of Understanding between the Institute of World Economics and Politics of Chinese Academy of Social Sciences and the Institute for Economics and Forecasting of the NAS of Ukraine, signed by the IEF Director Academician Valeriy M.Heyets and by Director of IWEP of CASS Professor Zhang Yuyan.

Workshop “Evaluation of scientific organizations in Ukraine: Possible Applications of Experiences from Germany”

The Ukrainian-German  workshop “Evaluation of scientific organizations in Ukraine: Possible Applications of Experiences from Germany” was held in the Institute for Economics and Forecasting (IEF), National Academy of Sciences of Ukraine on 6 December 2017. It was organized in the framework of the joint research project, which is supported and financed by the Ministry of Education and Science of Ukraine and  the German Federal Ministry of Education and Research.

This workshop followed the workshop, which took place in September in Germany (more details on

The aim of the workshop in Kyiv was to discuss the results of the project implementation as well to define future steps.

Prof. Igor Yegorov (IEF) presented the evaluation results of NASU research institutes in 2016. Prof. Jutta Günter (Bremen University) shared an experience of Leibniz Association on such issues, which should be addressed during evaluation, e.g. selection of the evaluation committee members and avoiding of conflict of interests, specific aspects of research departments evaluations and implementation of evaluation results as well. Also, she indentified the directions of improvement of the Leibniz Association methodology for research evaluation. These are distribution of criteria on primary and secondary groups based on type of the research entity and its thematic field, use of group evaluation in order to reduce costs on external expert travels.

Dr. Oleksandra Antoniuk (Institute of Mathematics, NASU) overviewed current procedure of the evaluation taking into account the establishment of the NASU Evaluation Office and summarized the ways of the procedure improvement.

During Q&A session PhD. Vitalii Gryga paid attention on certain problems in evaluation of research administrations and raised a question on consequences of negative evaluation. Yulia Ryzhkova interested in improvement of expert evaluation reports and needs in special trainings for domestic evaluators. Also the workshop participants discussed the problems in publication activity evaluations and the need to keep a balance between quantity and quality of publications. Bad balance in favor of quantity might lead not only to poor quality of scientific papers but flag the researchers’ motivation down.

Summarizing the workshop results all participants agreed that proper evaluation was among the main tasks of S&T reform in Ukraine and the German experience was quite useful in designing own evaluation methodology.


Prepared by V. Gryga.,Yu, Ryzhkova


Cluster managers workshop: an international dialogue on Research based industrial clusters in the Black Sea Region


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The international seminar for cluster managers was held in the conference hall of the Institute for Economics and Forecasting on 15 February, 2017.
The seminar was organized within the framework of two relevant projects funded under Horizon 2020, the European Union’s Framework Programme for Research and Innovation: the Black Sea Horizon and the Strengthening Research and Innovation towards Ukraine projects.
The aim of the seminar was to promote the dialogue between selected industrial and innovation clusters from the Black Sea Region, fostering cooperation opportunities and to provide recommendations on how to establish, manage, sustain and internationalize these clusters.

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The seminar was targeted practitioners, although a lot of representatives of research institutes and universities took part in it. The total number of participants was about 80, including 23 participants from such foreign countries, as Armenia, Austria, Bulgaria, France, Germany, Hungary, Lithuania, Moldova, Romania, Poland, Portugal etc.
Mr. Thierry Devars, the project officer of the DG Research and Innovation of the European Commission, Anatolii Bagan, the deputy head of the department of industry and entrepreneurship development of the Kiev City State Administration, Dr. S. Lukach, adviser to the Parliamentary Committee on Industrial Policy made introductory remarks.

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During the introductory session Ms. Ines Marinkovic (Austria) presented the Black Sea Horizon project (, in which the Institute for Economics and Forecasting takes part, while Gorazd Weiss (Austria) presented the RILINKS2UA project, which is aimed at supporting and enhancing the integration of Ukraine to the European Research Area (

IMG_1175_новый размер IMG_1058_новый размерAfter that Douglas Thompson and Francisco Rocha (Portugal) presented guidelines on establishing, managing, sustaining and internationalizing industrial clusters and the European cluster cooperation platform. Dr. Piotre Swiatek (Germany) shared the information on German cluster support initiatives.


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The next session was devoted to exchange of cluster development experience in the Black Sea region. During the session  three case studies were presented. Prof. Nadiya Boyko (Ukraine) talked about cross-border cluster Cassiovia Life Science, Dr. Felix Arion (Romania) presented experience of the AgroTransilvania cluster. The third presentation was made by Svetlin Ranguelov (Bulgaria). He provided an information about the activity of the Association of Business Clusters and Bulgarian cluster landscape.

All presentations are available at

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The seminar revealed the great interest to cluster development in the Black Sea region. It was expressed by many participants, who actively participated in the discussion session. Most of participants agreed that further support of cluster initiatives (networking, sharing knowledge and experience etc) was needed, as well as organization of events, similar to this cluster manager’s workshop. After finishing the seminar foreign and Ukrainian participants positively evaluated the efforts of the Institute for Economics and Forecasting on preparation of the event.



The projects BLACK SEA HORIZON and RILINKS2UA have received funding from
Horizon 2020, the EU Framework Programme for Research and Innovation, under the Grant
Agreements 645785 (H2020-INT-INCO-2014) and 692476 (H2020-INT-INCO-2015)

The announcement

Institute for Economics and Forecasting Ukrainian National Academy of Science together with academic public union “Knowledge Platform – Agrarian Development and Rural Innovations”, Delegation of Polish Academy of Science in Ukraine, agriculture universities and NGOs facilitating Public Academic Hearings “Ukrainian village and rural population under holdingization: will European basics of rural development be implemented in Ukraine?” оn June, 10, 2015. During the hearings will be discussed main points of draft “Strategy for Agriculture and Rural Development 2015-2020” related to interests of farming households and family farms, rural communities and rural settlements, which are in risk of being ignored in the process of Strategy implementation after its adoption.

See more in The announcement_Academic_Hearings

A study of promising areas of sustainable development in Ukraine with the use of economic-mathematical modeling tools

Sector of Energy Development Projections (Department of Sectoral Forecasting and Market Conditions) has completed work on research project “Economic-mathematical modeling tools to support decision-making for ensuring the sustainable development of Ukraine”; II (V) stage: “A study of promising areas of sustainable development in Ukraine with the use of economic-mathematical modeling tools” (topic supervisor – Head of the Sector, Ph.D. R.Podolets).
For the first time in Ukraine, the authors made a factor scenario based analysis of the long term impact of conducting the policy of sustainable development in power sector with the use of a set of special modeling tools, which made it possible to define the contribution (priority) of certain policies (measures) to achieve the established sustainability criteria of the development of the power sector, in particular, in the context of Ukraine’s international commitments on renewable energy, energy efficiency, reduction of greenhouse gas emissions etc., and to quantify the investment needs, possible economic losses for individual categories of energy consumers at various stages of economic development and ways to prevent or compensate for such losses.
The researchers improved the integrated modeling approach consisting of a linear optimization model of the energy system (TIMES-Ukraine) and a computational general equilibrium model with extended energy sector (CGE + E) in terms of structural integration of the modeling tools, seasonal characteristics and projecting horizon, and conditions and restrictions of the development of Ukraine’s energy sector until 2050, expanding the set of parameters used in the iterative process of data exchange between the models. The improvement of the modeling tools provides the possibility to use it as a decision support system to take account of sustainable development criteria in the process of governance and strategic planning of the Ukrainian energy sector development (in the course of creating (actualization) of sectoral policy documents), which is unique in Ukraine in scientific and technological terms.
Further developed methodological approaches to the integrated use of economic-mathematical models of different classes to evaluate the effects of the policy of sustainable energy development through the implementation of the model softlinking approach using the procedure of iterative calculations. The proposed algorithm provides an additional review of verification and calibration of the data obtained after each iteration of the model calculations carried out to achieve the established level of deviation between the standardized resulting variables of the models.

Recommendations for the implementation of the Association Agreement between Ukraine and the EU on the basis of experience in Eastern Europe

A new research paper by the Institute has been published:

The implementation of the Association Agreement between Ukraine and the EU: recommendations based on the experience of Eastern Europe: research paper / ed. Acad. NAS of Ukraine V.Heyets, Corr. NAS of Ukraine A.Danylenko, Cor. NAAS of Ukraine, Dr. of Econ.  T.Ostashko; National Academy of Sciences of Ukraine, State Institution “Institute for Economics and Forecasting of National Academy of Sciences of Ukraine”- K., 2015. – 104 p.

The report provides recommendations on the implementation of the Association Agreement between Ukraine and the EU elaborated by a research team of State Institutions “Institute for Economics and Forecasting of NAS of Ukraine” (IEF) based on analysis of the experience of European integration in Eastern Europe.

The scientists investigated various problems of the implementation of the Agreement for individual industries, markets, and economic and financial institutions, such as agriculture, food processing, steel, energy, rail transport, financial markets, monetary policy, technical regulations, public procurement and the environment, and produced a series of recommendations for the government and business with a focus on the role of industry associations and mechanisms of cooperation between business and government.

The recommendations are based on the analysis of the experience of implementation of the European Association Agreements in Eastern European countries and analysis of structural changes that have occurred in these countries after the completion of the implementation and following their EU membership. Special attention was given to those provisions of the Association Agreement between Ukraine and the EU, whose implementation, as shown by analysis of the experience of Eastern Europe, may require extension of time, and whose implementation involved EU financial assistance.

The paper is the third issue in the series dealing with the problems of European integration of Ukraine completed by the research team of IEF scientists.

Development of modeling tools for the analysis and forecasting of the reliability of the Integrated Power System (IPS) of Ukraine

        Sector of Energy Development Projections (Department of Sectoral Forecasting and Market Conditions) has completed work on research project “Modeling and Economic Evaluation of the Measures to Ensure Reliable Operation of the Integrated Power System of Ukraine During Extension or Decommission of Nuclear Power Reactor Units”; Stage Two: “Development of Modeling Tools for the Analysis and Forecasting of the Reliability of the Integrated Power System (IPS) of Ukraine” (topic supervisor – Head of the Sector, Ph.D. R.Podolets).

         As a result of the completion of the research project, the working group, with the use of IAEA’s licensed modeling software “WASP-IV”, created an applied optimization modeling tool “WASP-Ukraine” for the development, assessment and analysis of scenarios of long-term development of the generation capacities of the Ukrainian IPS with regard to ensuring the reliability of its operation. The tool provides a detailed account of the structure of generating capacities of Ukrainian IPS and the set of technical, economic and environmental parameters of its work, with the possibility to assign critical values of reserve capacities and aggregated indicators of the power system’s reliability.

          Using the developed modeling tool “WASP-Ukraine”, the researchers carried out an experimental model run of the baseline scenario of the generating capacities of the Ukrainian IPS for the period up to 2030, taking into account the reliability of its operation, including the aggregated indicators of the loss-of-load probability (LOLP) and energy non supplied (ENS). The calculation results showed a sufficient level of adequacy of the model based estimates of the future structure of generating capacities, electricity generation and reliability of the Ukrainian IPS (excluding the modern force majeure in the power sector).

Innovations and Ukraine’s social and economic development

Department of Innovation Policy, Economics and High-Tech Research completed work on “The main problems and guidelines of Ukraine’s innovative development in 2015-2020.”

 The work is the result of comprehensive research by specialists from several Ukrainian research institutions (coordination and general methodology to implement the project were provided by the State Institution “Institute for Economics and Forecasting of NAS of Ukraine”). The researchers deepened the understanding of the importance of innovation in the reproductive processes in a modern economy, revealed various socio-economic generalities determining the dynamics of innovation development both at the state level and at the level of individual companies. In particular it is shown that, with the innovative type of development, the dynamics of change reaches a level at which features that characterize the variability of state, begin to greatly dominate over those that characterize its stability. The authors show the role of national institutions in the implementation of innovation policy under the crisis conditions, in which Ukraine is now.

 The investigation provides calculations of the dynamics of the main indicators of innovation development in recent twenty years. There are proposals to strengthen the impact of innovation on the modernization of the national economy through the formation of national institutions whose activities should be focused on achieving the priorities of innovation of the economy, particularly in the financial sector, such as universal and specialized development banks, export-import banks, government and venture leasing companies, innovation funds and foundations, regional development agencies and others. Among innovation-oriented national institutions of other types, which should acquire particular importance are parks, industrial parks, business incubators, research centers, technology transfer centers, centers of design and others that will contribute to the development of innovation infrastructure and mainly act on the principles of entrepreneurship.