Overview of Alternative Instruments for Stopping the war and Sources of Post-War Recovery of Ukraine

The war launched by Russia is not regional, but global in nature, as it negatively affects the global economy, which has just begun to recover from the impact of the COVID-19 pandemic. Experts predict that Russia’s aggression against Ukraine could reduce global GDP by 1% ($1 trillion) by 2023. It is noted that developed economies will suffer more than developing ones, and Europe will be the most affected region, given its trade ties with Russia and dependence on Russian energy resources.

The cynical and brutal nature of Russia’s invasion has led to the fact that, despite the rather complicated balance of power in world politics, most countries unanimously condemned Russia as an aggressor, not daring to support or justify its actions. Already at the very beginning of the war, the vast majority of UN member states (141 out of 193) officially condemned Russia’s aggression in Ukraine and voted for the relevant resolution in the UN General Assembly, using the rather rare Uniting for Peace mechanism to bypass the UN Security Council*, where Russia’s veto as a permanent member would have made such a recognition impossible.

The world’s key powers did not limit themselves to a formal expression of support for Ukraine, but also immediately responded to Russian aggression by imposing economic countermeasures against Russia as a whole and against individual Russian citizens directly involved in the decision-making process to start and wage the war and those who in one way or another supported Russian aggression.

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Source: https://izi.institute/research/oglyad-alternatyvnyh-instrumentiv-zupynennya-vijny-ta-dzherel-pislyavoyennogo-vidnovlennya-ukrayiny/