CSIS: Enabling an Economic Transformation of Ukraine

2023-02-10 | Expert publications, Reconstruction

By Conor M. Savoy and Janina Staguhn.

Experience has shown that countries should begin planning for the postwar period before the end of a war. The geostrategic stakes in Ukraine are such that failure could have disastrous consequences not just for Ukraine but also for the broader region. The war has already caused repercussions around the world through global food insecurity, a growing energy crisis, and disruptions of the broader global supply chains. It is in the national security interest of the G7 and European Union for Ukraine to become a modernized economy and remain a secure democracy.

The United States, European Union, and G7 should do everything possible to realize this vision after Ukraine wins the war with Russia. However, there will not be enough foreign assistance to rebuild Ukraine. Therefore, Ukraine and its allies need to create an environment within which businesses and companies have the confidence to invest and deliver the reconstruction the country critically needs.

This report is made possible by general support to CSIS and the support of the Royal Danish Embassy.

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