The risk is, that those who love easy money will quickly turn the reform of the electricity sector into another «popular» meme just like «Grigorishin’s transformers» and «Rotterdam+.»
How a village can find money to build new roads and kindergartens? How can it increase its budget? How can the country make rural territories not only a comfortable living place but also attractive for investors? Where to start?
It seems like the rural communties, which were the first to unite in the franework of self-governance reform, know the answers to these questions. Read in our new article about their successful experience of decentralization.
Read in our article how different countries solve the dilemma between the growing needs in medical services and limited state financial resources.
The fourth part of the Road to Serfdom tells how state planning destroys the rule of law. In the situation of planned economy, the state gives itself unlimited rights for planning, regulation and control all spheres of the country’s life. The state goes so far on this road, that starts determining needs of various people.
What does the planned economy results into and if there is an alternative for it – read in the next part of the translation of the Road to Serfdom, performed by the donations of the readers of the Cost the State project.
In the first quarter of 2016 revenues of the consolidated budget increased by 16.5%. The expenditures of the consolidated budget in the first quarter were traditionally low. In the result, the consolidated budget was implemented with the surplus of 3.9 billion UAH.
More details on the implementation of the consolidated budget of Ukraine in first quarter of 2016 are included in our traditional report "Budget Chronicles: 1st quarter, 2016".