FEATURES OF THE POST-WAR RECOVERY OF THE ECONOMY OF UKRAINE

Keywords: economy, post-war recovery, Russian-Ukrainian war, global instability, socio-economic processes, development in war conditions

Abstract

The military action was the main cause for Ukrainian economy restructuration. It was defined that active fighting has put a lot of changing; first of all we are talking about a stalling in Ukraine of different sectors of the economy or its even stop business activity completely. Ukrainian economy is in a crisis state and now the same trend continues. Moreover, the set of negative factors, which have appeared since the beginning of the war, include decline in employment and capacity to pay of citizens, lack of effectiveness and tested by the experience of realization mechanism of fiscal, monetary, currency politics in the context of war, lack of opportunities in forecasting of social and economic indicators and, in addition, total increase of risks around business environment and citizens etc. Accordingly, in the context when we have constantly decline of industrial and economic activities and decrease of business activity, the Government have only one priority vector of activity – it is research the way for economic stabilization and post-war recovery. So, these aspects and difficulty of the events in Ukraine acknowledge the relevance of problematic. The article is devoted to the analysis prospects post-war recovery of Ukrainian economy, which were studied based on its actual state and function trends of domestic economic under full-scale war. Comparison, methods of abstraction, analysis and generalization are the research methods which were used in the article. In this science paper the influence of war on social and economic process in Ukraine, general state of domestic Ukrainian economy was indicated; as well as, еthe essence of post-war recovery was determined. Moreover, authors were confirmed that post-war recovery is a difficult, multi-vectors process, which have a specific aim – relaunching the economy, in particular the sectors that had practically ceased to be active as a result of full-scale war. The prospects and specifics of post-war economy recovery were defined based on analysis.

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Article views: 1567
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Published
2022-08-30
How to Cite
Khmarska, I., Kucheriava, K., & Klimova, I. (2022). FEATURES OF THE POST-WAR RECOVERY OF THE ECONOMY OF UKRAINE. Economy and Society, (42). https://doi.org/10.32782/2524-0072/2022-42-31
Section
ECONOMICS

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