000 02282nam a22004217u 4500
001 pwiiw7074
003 OSt
005 20260518120036.0
008 241118t2024 au ||||| |||| 00| ||eng d
040 _cOSt
041 _aeng
084 _aE62
_aF35
_aF51
_aH81
_aH84
_aK33
_2jelc
100 1 _aPindyuk, Olga
245 1 0 _aFront-loading financial support to Ukraine: It’s now or never
260 _aWien :
_bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw),
_c2024.
300 _a27 S.,
_b10 Figures,
_c30cm.
490 1 _awiiw Policy Notes and Reports
_v85
520 _aWithout sufficient military and financial support, Ukraine will not be able to withstand Russia’s military aggression and prevent even more damage to its economy and social fabric. In addition to having a much smaller economy compared to Russia, Ukraine also has a much smaller population – which means it will eventually lose a long war of attrition. If sufficient aid is not provided, Ukraine’s defeat would likely result in far higher social, political and economic costs to Europe in the form of additional refugee flows and greater security risks, including spill-over effects on other neighbouring regions. The EU needs to expand its role as a donor of financial aid. Increasing and front-loading macro-financial and reconstruction assistance – primarily via grants – would enable Ukraine to have an accelerating economic growth trajectory as well as benefit Europe by improving its security situation and boosting its prosperity. Additionally, the assets of the Russian Central Bank that have been frozen by Ukraine’s Western allies, which amount to approximately USD 300bn, should finally be made available to Ukraine.
650 _aUkraine
650 _aRussia
650 _aEU
650 _aUS
650 _awar
650 _asecurity
650 _afiscal revenues
650 _aexternal financial aid
650 _apublic debt
650 _asanctions
650 _afrozen assets
651 _aEuropean Union
651 _aRussia
651 _aUkraine
651 _aUSA
690 _aMacroeconomic Analysis and Policy
830 0 _v85
_wWIIW0000092
_twiiw Policy Notes and Reports
856 4 0 _uhttps://wiiw.ac.at/p-7074.html
942 _cP
999 _c9120
_d9120