Rebuilding and realignment: Economic future for Ukraine and Russia

This event examines the profound economic transformations triggered by Russia’s invasion of Ukraine, focusing on both countries’ diverging paths. A panel of experts draws on two new papers to explore strategies for rebuilding a postwar, westward-facing Ukraine through financial inflows, investment, and growth-oriented reforms. The panel then turns to Russia, analyzing how wartime mobilization and surging military expenditures have reshaped its economy. Together, these discussions offer a comparative perspective on resilience, recovery, and long-term economic realignment in the region.

MODERATOR

Jacob Funk Kirkegaard

Nonresident Senior Fellow, PIIE

PRESENTERS

Yuriy Gorodnichenko

Quantedge Presidential Professor, Department of Economics at University of California, Berkeley

Maurice Obstfeld

Fred Bergsten Senior Fellow, PIIE

Elina Ribakova

Nonresident Senior Fellow, PIIE