Article in Journal

Eight Recommendations to Reconstruct and Modernize Ukraine

Romina Bandura
CESifo, Munich, 2023

EconPol Forum 24 (2), 10-15
  • After victory, Ukraine should not simply rebuild old infrastructure and institutions but become a modern economy
  • Ukraine deserves to be sent the weapons it needs to win the war with a realistic timeline towards NATO membership in sight
  • Reconstruction should be human-centered, focusing on policies that will create jobs and make investments in social infrastructure
  • Donors are central in accompanying this effort though technical assistance, project preparation, financing and oversight
  • Financing can come in different forms: use of risk mitigation tools, seeding investment funds, possible EU solidarity tax, and seizing frozen Russian central bank assets