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Reconstructing and reforming Ukraine

Author

Listed:
  • Berglöf, Erik
  • Rashkovan, Vladyslav

Abstract

Helping Ukraine to reconstruct and reform its economy is arguably the most important project for Europe this century. It will require extraordinary collaboration from within and outside of the country. We establish a set of principles that should guide these efforts, based on international and Ukraine’s own experience. This experience also suggests key building blocks of a reform and reconstruction architecture that can help ensure that these principles are successfully applied. We assess the current institutional arrangements in this light and suggest adjustments that will increase the likelihood of success. The core of the argument is that the unfathomable choices involved in reconstruction and reform, including the use of donor resources, must be made by the Ukrainian people and its elected representatives, and the outcome must be owned by them.

Suggested Citation

  • Berglöf, Erik & Rashkovan, Vladyslav, 2023. "Reconstructing and reforming Ukraine," LSE Research Online Documents on Economics 120379, London School of Economics and Political Science, LSE Library.
  • Handle: RePEc:ehl:lserod:120379
    as

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    File URL: http://eprints.lse.ac.uk/120379/
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    References listed on IDEAS

    as
    1. World Bank, 2014. "The World Bank Annual Report 2014 [Informe anual 2014 del Banco Mundial]," World Bank Publications - Books, The World Bank Group, number 20093, December.
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    More about this item

    Keywords

    Ukraine; post-conflict reconstruction; reform architecture; aid effectiveness;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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