Resilient Cities: Regular Politics and Economic Development in Times of War

For more than two months, the Ukrainian economy has been suffering a shock due to the war. The International Monetary Fund predicts a 35% drop in GDP in 2022, and the Ukrainian government says that the drop could be up to 50% of GDP.

The Transparent Cities program and experts from the Lviv Regulatory Hub analytical and advocacy center assessed current economic challenges and the role of regulatory policy in addressing them, and provided local governments with recommendations to support businesses under martial law and during post-war reconstruction.

According to the results of the city transparency and accountability rankings, the investment and economic development sectors showed sustainable development in 2021.

In the event of prolonged russian aggression, the transparency and accountability of city councils will be weakened. However, cities should continue to look for new solutions to preserve their achievements and make their functioning as stable as possible. After all, the level of corruption and the effectiveness of local governments depends on the level of transparency and accountability.

Please note! The material is available for review in Ukrainian only

Source: https://ti-ukraine.org/research/spromozhni-mista-regulyatorna-polityka-ta-ekonomichnyj-rozvytok-v-umovah-vijny/