UKRAINIAN ECONOMY DURING THE MILITARY AGGRESSION OF THE RUSSIAN FEDERATION AND IN THE PERIOD OF POST-WAR RECOVERY
УДК 341.311"713":338.45(477)
JEL: H56, O15, O25, R11
DEINEKO Liudmyla1, KUSHNIRENKO Oksana2, TSYPLITSKA Olena3, GAKHOVYCH Nataliia4
1Institute for Economics and Forecasting of the NAS of Ukraine, Research ID : http://www.researcherid.com/rid/K-3071-2017
OrcID ID : https://orcid.org/https://orcid.org/0000-0003-0540-5413
2Institute for Economics and Forecasting of the NAS of Ukraine, Research ID : http://www.researcherid.com/rid/T-1063-2017
OrcID ID : https://orcid.org/https://orcid.org/0000-0002-3853-584X
3Institute for Economics and Forecasting of the NAS of Ukraine, Research ID : http://www.researcherid.com/rid/T-7569-2017
OrcID ID : https://orcid.org/https://orcid.org/0000-0003-3803-9421
4Institute for Economics and Forecasting of the NAS of Ukraine, Research ID : http://www.researcherid.com/rid/AAF-1984-2020
OrcID ID : https://orcid.org/https://orcid.org/0000-0002-7754-9080
CONSEQUENCES OF FULL-SCALE MILITARY AGGRESSION OF THE RUSSIAN FEDERATION FOR UKRAINIAN INDUSTRY
The opinions of international organizations, consulting agencies, research centers, domestic and foreign scientists on the impact of war on the economic development of Ukraine are considered. The scale of destruction and loss of the industrial sector as a result of Russian military aggression is assessed in view of its critical role in ensuring Ukraine's defense capability, recovery and growth of its economy.
The authors’ approach to assessing the consequences of Russian military aggression for Ukrainian industry, in contrast to existing developments, takes into account sectoral and regional aspects of transformation and offers a basis for substantiating the vectors of Ukraine’s post-war economic recovery aimed at reducing the risks of damage to industrial facilities, ensuring integrity and functionality of domestic industrial complex in the face of prolonged military threats.
It is shown that in most regions of the country, an outdated industrial structure has increased the level of security threats to Ukrainian economy in the new generation warfare: hybrid, non-contact, long-range, aimed at targeted destruction of industrial and infrastructural facilities. Post-war reconstruction of industry should be based on territorial and sectoral diversification, innovative development of the military-industrial complex and providing it with scientific basis, formation of a new system of international trade logistics.
The economic prospects for Ukraine's recovery are uncertain and will be largely influenced by the ongoing military conflict. At the same time, the country's success in the military confrontation is determined not only by military and financial assistance, but also to a large extent by the stability of its economic foundation – industrial sector. Thus, ensuring the proper functioning of the industry requires both immediate actions to restore production processes by relocation from hazardous areas, establishment of new logistics chains, etc., and formation of strategic goals for reconstruction and identification of sectoral recovery vectors.
Keywords:industry; military threats; economic losses; post-war reconstruction strategy; region.
| Article original in Ukrainian (pp. 3 - 25) | Download | Downloads :427 |
The article was received by the Editorial staff on May 6 , 2022
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