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Economic Recovery in Post-World War II West Germany and Ukraine Today

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  • Barry Eichengreen

Abstract

Historical experience suggests that network infrastructure can be reoriented and reconstructed relatively quickly in postwar Ukraine, with the central government playing a coordinating role Repair of the housing stock may take longer, and chronic housing shortages leading to inadequate labor supply in some locations may handicap recovery and growth A voucher program would enable households to choose where to live on the basis of economic opportunity and cost, and provide incentives for residential construction Postwar Ukraine is likely to run very large current account deficits. Foreign direct investment and portfolio capital inflows will not provide the necessary finance. In addition, substantial foreign aid will be required Steps should be taken now to coordinate the provision of aid through the creation of an independent administrator and multi-donor fund

Suggested Citation

  • Barry Eichengreen, 2023. "Economic Recovery in Post-World War II West Germany and Ukraine Today," EconPol Forum, CESifo, vol. 24(02), pages 30-35, March.
    • Handle: RePEc:ces:epofor:v:24:y:2023:i:02:p:30-35
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    Cited by:

    1. Atin Basuchoudhary & Andreas Freytag & Troy Siemers, 2023. "Institution Transfers, The Marshall Plan, Europe, and Ukraine: An Analytical Narrative," Jena Economics Research Papers 2023-017, Friedrich-Schiller-University Jena.
    2. Christian Ochsner, 2023. "Hostility, Population Sorting, and Backwardness: Quasi-Experimental Evidence from the Red Army after WWII," CERGE-EI Working Papers wp768, The Center for Economic Research and Graduate Education - Economics Institute, Prague.

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