Українська Ukrainian Economy at War: State of Play and Pathways Towards Recovery
The economy in a country at war, what challenges and problems arise and how to address them
Go to reportUkraine successfully coped with the first shock after the large-scale Russian invasion. As the war continues, the policy of resistance should extend to the organization of the full day-to-day functioning and resilience of the economy and society in the face of a prolonged war. The continuity of national production in the medium and long term is the basis for creating a sustainable economy capable of consolidating the military victory and ensuring adequate living conditions.
While the economic costs of the war will continue to grow, it is important to consider the key areas of development in the macroeconomic and human dimensions that will enable Ukraine to maintain its resilience during the war and succeed in post-war recovery.
In the medium and long term, recovery should be linked to systemic changes that will implement a shared vision of Ukraine’s postwar future. By implementing the post-war recovery plan, Ukraine will not be a passive recipient of foreign aid, but will become an active participant in the European post-war transformation. With the proper institutional mechanisms, the implementation of reconstruction tasks can move Ukraine towards practical integration with the EU, thus affirming the complementarity of national and European identities.
