Publications

This event examines the profound economic transformations triggered by Russia’s invasion of Ukraine, focusing on both countries’ diverging paths. A panel of experts draws on two new papers to explore strategies for rebuilding a postwar, westward-facing Ukraine through financial inflows, investment, and growth-oriented reforms. The panel then turns to Russia, analyzing how wartime mobilization and surging military expenditures have reshaped its economy. Together, these discussions offer a comparative perspective on resilience, recovery, and long-term economic realignment in the region.

This webinar was hosted on July 20th of 2023, where the speakers Yuriy Gorodnichenko and Barry Eichengreen spoke on the macroeconomic consequences of war in Ukraine and policies for postwar reconstruction.

Yuriy Gorodnichenko, a native of Ukraine, is a Quantedge Presidential professor at the Department of Economics, University of California – Berkeley. He received his B.A. and MA at EERC/Kyiv-Mohyla Academy (Kyiv, Ukraine) and his Ph.D. at the University of Michigan. A significant part of his research has been about monetary policy (effects, optimal design, inflation targeting), fiscal policy (countercyclical policy, government spending multipliers), taxation (tax evasion, inequality), economic growth (long-run determinants, globalization, innovation, financial frictions), and business cycles. Yuriy serves on many editorial boards, including Journal of Monetary Economics and VoxUkraine (http://voxukraine.org/). Yuriy is a prolific researcher. His work was published in leading economics journals and was cited in policy discussions and media. Yuriy has received numerous awards for his research.