Financing Ukraine’s Victory: Why and How #Ukraine
Ukraine’s war effort faces a growing risk due to insufficient international financial support. Without strong funding from external donors, Ukraine may rely too heavily on monetary financing. This approach could trigger high inflation and a potential currency crisis. As a result, the war effort could weaken just when the military situation is starting to improve in Ukraine’s favor.
In a new CEPR Policy Insight, leading economists explain why international donors must continue supporting Ukraine next year. They also describe the most effective ways to deliver this aid. Moreover, their analysis highlights the urgent need for coordinated fiscal action to protect both Ukraine’s economy and its defense capacity.
Authors
- Torbjörn Becker, Director, Stockholm Institute of Transition Economics (SITE)
- Olena Bilan, Chief Economist, Dragon Capital
- Yuriy Gorodnichenko, Professor of Economics, University of California, Berkeley
- Tymofiy Mylovanov, President, Kyiv School of Economics
- Jacob Nell, Senior Research Fellow at Kyiv School Of Economics
- Nataliia Shapoval, Vice President for Policy Research, Kyiv School of Economics
Read the full CEPR Policy Insight to explore detailed recommendations on how the global community can help secure Ukraine’s economic and military resilience
Disclaimer: Opinions expressed in policy briefs and reports, during events and conferences, are those of the authors; they do not necessarily reflect those of the FREE Network and its research institutes.
