Money for local development

How are the local currency and decentralization related? The history of local currency goes back to the Ancient Egypt and it became particularly popular after the financial crisis of 2008. Decrease of government spending on social programs and problems with receiving bank loans stimulate search for alternative resources. For this reason, local administrations and civic activists should pay attention to the local payment systems. As the history demonstrates, local currency is very useful in stimulating development and overcoming poverty.

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Taxes on pensions: how it works in other countries

In Ukraine, many complain about taxes on pensions. Is there similar approach to pensions in other countries?

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Greece’s solidarity movement: ‘it’s a whole new model – and it’s working’

How can citizens help themselves and those in less favorable conditions in the situation of budget cuts, crisis and unemployment? In this article you can read about the experience of Greece - the country that became poor because of the recession and economy measures. More on the topic is introduced in "The Guardian": «Greece’s solidarity movement: ‘it’s a whole new model – and it’s working’». The article by Jon Henley was published on January 23, 2015. Follow the link and enjoy!

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Social bonuses: how to earn without money and without local goverment?

In the previous article about social bonuses we wrote that significant part of the social services can be provided without significant budget expenditures. In the examples that we analyzed, local government played a significant role in designing and implementing projects with social bonuses. The question is, is this possible to do the same without the local government? The answer is ‘yes’.

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Social bonuses: how to fund social services and not to increase budget expenditures

The budget cuts cause harsh debates. On the one hand, the budget is indeed short of money. On the other, cut of social welfare expenditures also leads to discontent. Is there any alternative?

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Financial assistance for newly born babies even in France is not for the rich

Every year the government spends dozens of billions hryvnias for social protection, which is one of the largest spending items of the general budget. As a result, it appears that in our country the richer your are the more “social protection” you have from public funds.

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Why some economists oppose minimum wages?

Is minimum wage panacea for poverty alleviation or delusion? The answer is somewhere in the middle. More on this matter from The Economist's perspective can be found here: Why some economists oppose minimum wages. The article by R.A. was published on January 22, 2014. Follow the link and enjoy!

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World’s pension systems: from crises to reforms

Ukraine’s pension problems are not unique. Other countries have faced and are facing similar issues.

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US pension system: free to decide your own pension

What has an impact on what your pension will be in the US?

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Social assistance a la Ukrainien or what happened to the money

The social assistance reform is one of the most important technical reforms badly needed in Ukraine. Every year the government spends dozens of billions hryvnias for social protection, which is one of the largest spending items of the general budget.

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