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