Welfare State is destroying developed countries imageWelfare State is destroying developed countries imageWelfare State is destroying developed countries image
World
Welfare State is destroying developed countries
A failed experiment lasting 70 years: how the welfare state model replaced the model of entrepreneurial growth and small government in almost all countries of the world.
Before the Storm: In anticipation of the Great Depression of the 21st Century imageBefore the Storm: In anticipation of the Great Depression of the 21st Century imageBefore the Storm: In anticipation of the Great Depression of the 21st Century image
Monetary Policy
Yaroslav Romanchuk
Yaroslav Romanchuk
Before the Storm: In anticipation of the Great Depression of the 21st Century
World-renowned economists are sounding the alarm, warning of a new global crisis. What are its preconditions, and what wrong worldview decisions can cause a new Great Depression? And what Ukrainians should do to withstand new economic challenges.

Latest publications

Minimal State image
Mykola Bunyk
Mykola Bunyk
Minimal State
The idea of a “minimal state” is key to a liberal economy: more market, less taxes and regulation. But what kind of state should it be, and how should it operate?
Read more
Markers of the economic crisis image
Markers of the economic crisis
Minimal State image
Mykola Bunyk
Mykola Bunyk
Minimal State
The idea of a “minimal state” is key to a liberal economy: more market, less taxes and regulation. But what kind of state should it be, and how should it operate?
Read more
Ukraine’s rich mineral resources: a blessing or a curse? image
Yaroslav Romanchuk
Yaroslav Romanchuk
Ukraine’s rich mineral resources: a blessing or a curse?
Ukraine's raw materials economy accounts for less than 1% of the world's. Under what conditions will the production and export of oil, gas, and rare earth metals become the engine for an economic miracle and the basis for the competitiveness of postwar Ukraine?
Markers of the economic crisis image
Markers of the economic crisis
How to recognize the signs of an approaching perfect storm, what are the causes and threats of a perfect storm in the global economy and financial system? How to prepare and how to act?

Trending

Inflation in Ukraine
minimum wage
foreign investment
international aid
Reсonstruction of Ukraine
rising unemployment

Indexes

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Index

2025 year

Shows that the period of time one needs to work to purchase a basic set of goods and services is determined by the balance of time and resources.
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Index

2024 year

Shows the degree of government orientation towards the application of scientific knowledge, the best historical experience and axioms of common sense or the economic IQ of the country.
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Index

2024 year

The Index shows the effectiveness and reliability of the country's legal and economic institutions and management system for the implementation of all participants will in the mode of open international competition for material and intangible resources and assets.

Events

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30Вересня
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1 October 2025 00:00 - 31 October 2025 23:55

Essay Contest for Students, Graduate Students, and Young Researchers

Do you have great ideas for Ukraine’s economic growth? Are you interested in economics, free enterprise, and the concept of a minimal state? Would you like to develop your analytical skills and demonstrate academic thinking?
Every participant who meets the requirements will receive a certificate from the organizers, confirming their research and civic engagement, intellect, and passionate drive.
Application deadline: October 31, 2025.
Participant age: up to 35 years old.
COMPETITION PRIZES: Cash awards for the winners, diplomas for participants, publication of the best essays on the organizers’ websites, opportunities for further collaboration, and additional prizes and distinctions from the competition partners.

TOPICS

  1. Freedom and responsibility: Is Ukrainian society ready for a smaller state role?
  2. Personal freedoms under martial law: Where is the line between security and liberty?
  3. How liberal ideas can help overcome corruption in Ukraine.
  4. The state or the citizens: who drives reconstruction and economic growth? 5. Free enterprise as the path to Ukraine’s postwar recovery.
  5. Economic freedoms as the foundation of resilience in times of crisis.
  6. Liberal values as the basis of a new political culture in Ukraine.

TIMELINE

October 1–31, 2025, with the award ceremony to take place by November 30, 2025.
You can read and download the full competition guidelines below. We encourage creativity and a strong interest in promoting the IDEAS OF FREEDOM in Ukraine.
Read more
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20Листопада
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Kyiv
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Presentation
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20 November 2025, 11:00-13:00

Economic Security Index 2025 Presentation

The presentation of the Economic Security Index 2025 by ILI will demonstrate the dynamics of changes in Ukraine’s and other countries' national economic security systems over the past year, considering existing external and internal risks and threats.
This year’s Index will include conclusions and recommendations not only for the Government of Ukraine, but also for several other countries included in the analysis. The Index’s findings can be used to improve the state of national economic security in the countries assessed. The relevance of ILI’s Economic Security Index is rapidly increasing in light of growing security risks in Europe and worldwide.
Stay tuned for updates from the Institute and follow us on social media to keep up with key news and upcoming events!
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