About
Reform Index is an analytical instrument aimed to quantitatively evaluate economic reforms in Ukraine. It is based on expert assessments of changes in the regulatory environment which can be considered as reforms or anti-reforms.
The main objective of the Index is to inform the general public about the speed and depth of the country’s reform process. The lack of public awareness is due to the fact that each state institution works on its own narrow specialization, while the media only pays attention to the most popular topics. Moreover, it is hard for non-experts to estimate whether certain normative changes were important and essential.
History of creation
Reform Index was created in early 2015 by the analytical platform VoxUkraine. The original idea was proposed by Alexander J. Motyl, an American historian of Ukrainian descent, professor of political science Rutgers University. VoxUkraine Editorial Board members Olena Bilan, Veronika Movchan and Ilona Sologub, with significant input from Vitaliy Vavryshchuk, created the index and developed its methodology.
Index Structure
iMoRe has six components. I1. Governance, I2. Public Finance, I3. Monetary System, I4. Business Environment, I5. Energy Sector, I6. Human capital. Each component includes several reform focus areas (directions) as follows*:
I1. Governance:
- Fight against corruption
- Decentralization
- Civil service
- Administrative services
- State ownership
- Other in governance
I2. Public Finance:
- Tax system
- Public procurement
- Efficiency of public spending
- Public debt management
- Other in public finance
I3. Monetary System:
- Foreign exchange regulation
- Capital markets
- Banking sector
- Central bank independence
- Other in the monetary system
I4. Business Environment:
- Business regulation
- Competition policy
- International trade
- Corporate governance
- Property rights
- Other in business environment
I5. Energy Sector
- Energy independence
I6. Human Capital:
- Education
- Healthcare
- Labour market
- Social system
- Culture
- Other in Human Capital