February 24, 2023 marked one year since the Russian invasion of Ukraine. The reconstruction of Ukraine cannot be about rebuilding the country to its pre-war state; rather, it should strive for a deep modernization of the country. All critical elements of the economy and society will have to undergo reforms to help Ukraine escape the post-Soviet legacy and become a full-fledged democracy with a modern economy, strong institutions, and a powerful defense sector. This presentation and discussion, based on the CEPR Paris Report: Rebuilding Ukraine: Principles and Policies (2022), addressed opportunities and challenges in this effort.
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