How should Ukraine\u2019s authorities approach the difficult task of rebuilding the country after Russia\u2019s unjustified and unprovoked invasion? Despite the fact that the war is still ongoing, such discussions have already begun. We at Kyiv-based Adamant Capital aim to contribute to them by offering two insights:<\/p>\n\n\n\n
First and foremost, Ukraine must avoid common pitfalls that have undermined reconstruction programs in the past. These are (1) poor strategic planning and coordination, (2) inadequate controls over spending and execution, and (3) the inability to carve a path for post-program sustainable growth.<\/p>\n\n\n\n
Second, it is important to acknowledge that the recovery must be anchored to a long-term goal. Instead of just targeting economic development we propose to ultimately strive for something greater \u2014 an environment that motivates and enables Ukrainians to return home and remain here to fulfill their potential. To this end, we suggest expanding frameworks that target GDP per capita growth in three key areas: inclusion, institutions, and infrastructure. We call this the \u201c3-I\u201d people-centered watchlist.<\/p>\n\n\n\n