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ECONOMIC PROSPECTS OF POST-WAR RECOVERY: CHALLENGES AND OPPORTUNITIES FOR SUSTAINABLE DEVELOPMENT IN UKRAINE.
- Source :
- Financial & Credit Activity: Problems of Theory & Practice; 2023, Vol. 3 Issue 50, p298-307, 10p
- Publication Year :
- 2023
-
Abstract
- The consequences of russian aggression against Ukraine are tangible in all sectors of the economy, but they cannot be fully predicted due to the continuation of military operations. The aim of the article is to examine the recovery of the Ukrainian economy through the analysis of key aspects of post-war reconstruction, the transformative elements of the insurance sector, and the exploration of its potential as a means of further revitalizing the economic sector. The study is based on the use of general scientific methods of analysis, synthesis, abstraction, induction, explanation, and generalization. The problem of economic losses of Ukraine against the background of global challenges of the military and post-war environment is analyzed. The prospects of recovery of the Ukrainian economy in the post-war times are also investigated, and the main directions and methods of this process are highlighted. Special attention is given to the possibilities of cooperation with foreign financial partners-donors, and harmonization of the tax and financial legislation according to the requirements of integration into the European Union. The importance of transformations in the development of human capital, social and critical infrastructure is also noted. A separate review is devoted to the problems of the insurance sector and possible ways of overcoming the economic problems in this sphere. It is determined that the decline in the solvency of enterprises and individuals may hinder the further development of the post-war economy of Ukraine (including insurance). At the same time, this problem remains understudied, since today it is impossible to determine absolutely all the consequences of the russian-Ukrainian war. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 23064994
- Volume :
- 3
- Issue :
- 50
- Database :
- Complementary Index
- Journal :
- Financial & Credit Activity: Problems of Theory & Practice
- Publication Type :
- Academic Journal
- Accession number :
- 164730606
- Full Text :
- https://doi.org/10.55643/fcaptp.3.50.2023.4091