Shaping the Path to Economic Recovery

Russia’s full-scale invasion of Ukraine is inflicting historic human suffering. It is also inflicting deep damage on the country’s economic fabric.

Ukraine can recover, through policy choices that strengthen the framework conditions and that leverage international support. Enabling all of Ukraine’s people, especially those displaced by the war or defending the country, to contribute fully to the recovery will provide for a more inclusive economy. Putting in place the financing and policy measures to “build back better” damaged infrastructure, businesses and housing will enable a more productive, greener and more digitalised economy. Improving the investment climate, enhancing competition, transparency and integrity across sectors, raising skills, and bolstering research, development and innovation will enable Ukraine’s economy to seize new economic opportunities, diversify and become more productive and environmentally sustainable.

This policy brief outlines some of the policy priorities for an economic recovery strategy that responds to Ukraine’s immediate needs (2022-2023) and that can help put Ukraine on a sustainable path of strong economic growth in the medium to long term (2023 and beyond).

Source: https://www.oecd.org/ukraine-hub/policy-responses/shaping-the-path-to-economic-recovery-78475265?fbclid=IwAR261liczqQ2jERo41NQY5z1AWOqsOUQhrwyYkDsHpU6G6v3mIWjd4lzbeo