Competitiveness and Private Sector Development: Ukraine 2011
Sector Competitiveness Strategy
This review of competitiveness and private sector development in the Ukraine provides a solid base for policy analysis and gives recommendations with immediate relevance and applicability. It includes diagnosis and policy actions for policy makers and advisors, offering policy responses to underpin economic diversification, enhanced competitiveness and private sector development. Finally, the book applies an innovative framework to identify barriers that hinder the development of selected sectors. It offers the design and suggests ways to implement specific policies to remove those barriers, including the selection and business analysis of Ukraine's most attractive sectors in terms of competitiveness and FDI appeal.
Introduction
As part of the OECD Eastern Europe and South Caucasus Initiative (see box on the next page), a sector competitiveness review was conducted for the Republic of Ukraine to improve sectoral competitiveness and enhance its policy convergence with OECD investment instruments. The Sector Competitiveness Report is part of a wider project following a three-phase approach over five years (2009-14): first, by developing a sector competitiveness strategy (Phase I), secondly, by implementing specific aspects of the recommended policies to address the existing constraints (Phase II), and finally, by putting in place the mechanisms to embed sustainable reform (Phase III). The aim of the first phase of the project, co-financed by the Swedish International Development Agency and the Polish government, is to enhance the country’s productivity level by identifying policy barriers that should be removed to boost the competitiveness of selected economic sectors.