In addition to the catastrophic human toll, the continuing Russian invasion of Ukraine is having a devastating effect on the country’s economy and the future of its 44 million people.
In mid-March, the International Monetary Fund expected Ukraine’s economy to contract by 10 percent in 2022 due to the war, assuming a “prompt” end to fighting and significant international financial support. If the war continues, the prospects are for the slump in output to be far worse, with more than 10 million people currently displaced from their homes and over four million now outside the country.
Already deeply indebted before the war, Ukraine has been raising billions in loans and concessional credits from international financial institutions. The government has remained adamant that it will continue to meet its debt obligations. But at the same time, Kyiv is likely to face growing pressure to examine options including voluntary debt restructuring or forgiveness.
This event presents Ukrainian perspectives on the impacts of the war and recommendations to the international community on how best to support Ukraine through this horrific conflict, and onwards to reconstruction and eventual recovery.
Speakers
-
Oleksandra Betliy
Speaker
Oleksandra Betliy is a leading research fellow and project coordinator with the Institute for Economic Research and Policy.
-
Igor Burakovsky
Speaker
Igor Burakovsky is the head of board for the Institute for Economic Research and Policy.
-
Andriy Kulykov
Moderator
Andriy Kulykov is a Ukrainian journalist and television and radio host.
-
Olena Pavlenko
Speaker
Olena Pavlenko is president of the Ukrainian think tank DiXi Group.
-
Maria Repko
Speaker
Maria Repko is deputy executive director of the Center for Economic Strategy.
-
Yuliya Yurchenko
Speaker
Yuliya Yurchenko is a senior lecturer in political economy at the Department of Economics and International Business, and a researcher at the Political Economy, Governance, Finance, and Accountability Institute, at the University of Greenwich.
Read more
Defending Democracy
Q&A: “The Biggest Challenge Is the Uncertainty”
Two years after Russia’s all-out invasion of Ukraine, civil society strives to protect democracy as the West wavers in its support. Oleksandr Sushko discusses the way forward.
Resilience in Moldova
Q&A: Moldova’s Path to a European Future
Moldova has endured the Kremlin’s aggression because it has chosen to leave Russia's sphere of influence and supports Ukraine. The impact of the war on daily life—and why the nation is determined to join the EU.
Art During Wartime
“Warriors of Light”
The world knew all too little about the art and culture of Ukraine prior to Russia’s all-out invasion. The war has changed that—and demonstrated the power of art as a tool of resistance.