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연구정보

[외교/안보] Supporting Ukraine's Private Sector during Wartime

우크라이나 국외연구자료 연구보고서 - CSIS 발간일 : 2024-02-27 등록일 : 2024-03-20 원문링크

The private sector is playing a decisive role in Ukraine’s economy. During wartime, companies are keeping the economy running by employing Ukrainians, transferring technology and know-how, and financing the government by paying taxes. Ukraine’s allies and partners are also supporting the country by providing military aid, as well as humanitarian and budgetary assistance, thus helping the economy stay afloat.

However, only a small part of this aid is being directly used to help current businesses and attract new investors. So far, the West has committed around $2 billion through the World Bank’s Economic Resilience Action program, which aims to provide financial and advisory support for Ukraine’s private sector. In comparison, government-to-government commitments to Ukraine between January 24, 2022, and January 15, 2023, totaled $154 billion, according to the Kiel Institute for the World Economy.

Ukraine also needs to attract significant foreign direct investment to transform and modernize its economy. Although it is risky to invest in the country due to the war, not all of Ukraine has seen damage or is in active combat; less than 20 percent of Ukraine’s territory is currently illegally occupied. Regions that do not require demining—primarily in the western part of the country—are ripe for business opportunities. Investors and international partners do not have to wait for every part of Ukraine’s territory to be freed from Russian troops to start operating there.

Although it is risky to invest in the country due to the war, not all of Ukraine has seen damage or is in active combat; less than 20 percent of Ukraine’s territory is currently illegally occupied.

Supporting the private sector is an area in which international financial institutions (IFIs) and development finance institutions (DFIs) could do more, even amid the war. Strengthening Ukraine’s private sector in the present will fundamentally shape how recovery efforts proceed during the postwar period. As these institutions approach their operations in Ukraine, they should be more creative, coordinated, and willing to take on risks

본 페이지에 등재된 자료는 운영기관(KIEP)EMERiCs의 공식적인 입장을 대변하고 있지 않습니다.

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