Presentation of study on the comparative effect of the DCFTA on Ukraine, Moldova and Georgia

On the 8th of July Dr. Ricardo Giucci, Managing Director of Berlin Economics, during an event at the Federal Ministry for Economic Affairs and Energy (BMWi), carried out a study by Berlin Economics on the economic effects of the deep and comprehensive free trade agreements (“DCFTA”) on Ukraine, Moldova and Georgia. He was accompanied by Woldemar Walter, Coordinator of the German Economic Team Moldova.

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Lecture at MACRO 2018 Conference in Moldova

On October 19th, Woldemar Walter, Advisor to the German Economic Team Moldova, gave a lecture in the context of the conference ‘MACRO 2018’ on the influence of foreign direct investment (FDI) on the Moldovan economy, population and government.

As Woldemar Walter conclusively explained in his presentation, in Moldova, foreign direct investment, which is relatively low by international standards, has a major impact on the economy, the people and the government. For example, companies with foreign capital account for about 23% of total Moldovan value added and a high and growing share of exports.

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German Advisory Group Ukraine: Industry 4.0

On August 29 in 2018 the German Advisory Group and the Reforms Delivery Office, an advisory body to the Cabinet of Ministers, hosted a joint seminar on the topic: ” Industry 4.0 – Overview and Policy Implications”.

Dr. Philip Steden introduced the specialized audience to the basic features and components of Industry 4.0 – the so called forth industrial revolution – and illustrated possible fields of application and advantages of Industry 4.0 technologies with examples from Germany.

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Reporting on current topics of Berlin Economics’ advisory work

In the context of our advisory work to governments in Ukraine, Belarus, Moldova and Georgia, Berlin Economics hosts a biannual event to report about current economic policy topics in these countries.

The event took place on July 4th in the Federal Ministry for Economic Affairs and Energy. Using this format we aim to provide an opportunity for representatives of German institutions to get background information about current economic developments.

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Regulation of Cryptocurrencies – Seminar in the National Bank of Georgia

Georgia is one of the largest producers of cryptocurrencies („miners“) worldwide, with a potential influence on the Georgian economy. Despite the increased global interest in cryptocurrencies, there exists no  international regulation of any kind. This is true for the European Union as well, where EU-members adopt their own national laws regarding cryptocurrency regulation, even though cryptocurrencies can potentially be used for money laundering, due to their decentralized organization.

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Workshop on central bank communication

Workshop held by Centre for Economic Strategy and German Advisory Group on Central Bank Communication

On April 18 the Centre for Economic Strategy and experts from the German Advisory Group conducted a workshop on central bank communication as a tool for shaping market participants‘ expectations. The event was opened by Ms. Yildiz Görtze, head of the department at the Federal Ministry for Economic Affairs and Energy, who acknowledged the significant progress of the recent years‘ reforms in the Ukrainian financial sector.

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