The Institute for Economics and Forecasting (IEF) of the National Academy of Sciences of Ukraine became Vi's 17th think tank member and the second institution to represent the country in UNCTAD's academic network. Nomination of IEF by its government followed contacts initiated in January through UNCTAD colleague, David Bicchetti.
IEF was established in 2005 with the objective of providing inputs to strategic forecasts and programmes related to Ukraine’s socio-economic development. Among its "clients" are the Parliament, the National Bank of Ukraine, national and regional government ministries and local authorities. The institute also provides support to the government on drafts of laws and regulations, and publishes its research in monographs, research papers, advisory notes and communications for mass media.
IEF's main research areas include modeling and forecasting of economic development; monetary issues; public finances; economic growth and restructuring; development of productive infrastructure; industrial policy; technology and innovation policy; policies aimed at the transformation of the agro-industrial complex; and socio-economic transformations of the Ukrainian society. In the trade area in particular, research efforts have recently focused on technology transfer through exports and imports of goods and services; trade in energy resources; and the effects of Ukraine's WTO accession and its European Union Association Agreement.
IEF also runs its own Master's and PhD programmes in several economic disciplines.
The cooperation between the IEF and the Vi will be coordinated by Academic Secretary, Vladimir Khaustov, expert in technology and innovation and intellectual property rights. He will be supported by Igor Yegorov, who heads the Department of Innovation Policy, Economics and Management of High Technologies, and whose research work has recently focused on innovative entrepreneurship, industrial restructuring, transformation of the R&D systems, and foreign direct investment.
IEF is ready to share its experience in the field of macroeconomic modeling and forecasting under the conditions of incomplete data, to host or contribute to workshops, or to provide expertise and support in the design of policy documents.
The institute expects that Vi membership will help them expand their cooperation with UNCTAD, find partners for research projects in the Vi network, and participate in joint research and policymaking activities whose outcomes could be shared with the Ukrainian government.
For more information, take a look at IEF's profile on the Vi website.