As of today, Russia’s aggression against Ukraine has persisted for a year. While several countries have helped Ukraine with military, financial and humanitarian aid, Ukraine requires additional assistance to endure the conflict with Russia. What other forms of support and aid are needed for Ukraine’s survival? And how can the EU and Sweden support Ukraine’s victory?
The Royal Swedish Academy of Engineering Sciences (IVA) hosted a seminar in which Ukraine’s needs were discussed from an economic and political science perspective by several leading economists, including:
- Nataliia Shapoval, Director of the KSE Institute at the Kyiv School of Economics (KSE)
- Torbjörn Becker, IVA member and Director of the Stockholm Institute of Transition Economics at the Stockholm School of Economics (SITE)
- Fredrik Löjdquist, Director of the Centre for Eastern European Studies (SCEEUS)
- Maria Perrotta Berlin, Assistant Professor at the Stockholm Institute of Transition Economics.
Nataliia Shapoval, Chairman of the KSE Institute at the Kyiv School of Economics, joined the seminar from Kyiv to share her views. According to Shapoval,
“Tougher sanctions across the board, hefty sanctions on energy, additional sanctions on trade, and more control over financial transactions with Russia are required by the outside world right now.”
As Russia’s war of aggression against Ukraine has lasted for a year, seminar experts advocated for tougher sanctions against Russia and discussed Ukraine’s needs from an economic and political science perspective.
The Royal Swedish Academy of Engineering Sciences (IVA) is an independent academy with a mission “…to promote engineering and economic sciences and the advancement of business and industry for the benefit of society.” Read more: IVA website
Disclaimer: Opinions expressed during events and conferences are those of the authors; they do not necessarily reflect those of the FREE Network and its research institutes.
Torbjörn Becker, Director of the Stockholm Institute of Transition Economics (SITE), was elected as one of the new Fellow members of the Royal Swedish Academy of Engineering Sciences together with 38 other prominent researchers and experts in the private and public sectors.
The Royal Swedish Academy of Engineering Sciences (IVA) has been a meeting place for Sweden’s future for more than 100 years. Serving as a unique intersection for academia, business, and policy-making, IVA brings together the expertise and experience of about 1.300 Academy Fellows and 250 member companies. IVA is financed through grants from the business community, foundation funds and direct government funding and is independent of individual interests, ideologies and party politics.
About Torbjörn Becker
Torbjörn Becker has been the Director of SITE at the Stockholm School of Economics in Sweden since 2006 and is a board member of several economics research institutes in Eastern Europe, including the Kyiv School of Economics (KSE).
Prior to this, he worked for nine years at the International Monetary Fund (IMF), where his work focused on international macro, economic crises and issues related to the international financial system. He holds a Ph.D. from the Stockholm School of Economics and has been published in top academic journals and has contributed to several books and policy reports focusing on Russia and Eastern Europe.
Selected Publications by Torbjörn Becker
- Financing Ukraine’s victory: Why and how (2022)
- A blueprint for the reconstruction of Ukraine (2022)
- IMF’s New SDR Allocation—Why Belarus Is “Getting Money From the Fund” (2021)
- Does the Russian Stock Market Care About Navalny (2021)
- Economic Growth and Putin’s Approval Ratings —The Return of the Fridge (2019)
- The Russian economy under Putin (so far) (2019)