Abstract

The Russian attack has brought heavy losses to the Ukrainian economy. At the beginning of January 2023, the government estimated them at more than USD 700 billion. The authors have examined the experience of restoring the German and Japanese economies after 1945. In the West and in Ukraine a new Marshall Plan is being talked about. The Ukrainian plan is USD 750 billion over 10 years, which is a multiple of the funds allocated to the FRG after 1945. It is planned to give money mainly for energy, access to finance, infrastructure and housing construction. Compared to investing in the ruined German economy. There are common features, but the "new Marshall Plan" is a conventional name. The Japanese experience is considered, i.e. cartels destruction and land distribution to small owners. The German experience is useful for Ukraine.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call