STEADY SUPPORT FOR CONSERVATION OF THE ECONOMY AND FINANCIAL SECTOR OF UKRAINE IN TERMS OF MILITARY AGGRESSION
Abstract
The research examines the financial and economic implications of the ongoing military conflict in Ukraine, emphasizing the critical need for financial support and policy coordination to recover and stabilize the country's economy. The analysis addresses the extensive destruction caused by military aggression, which has devastated Ukraine's infrastructure, including transportation, energy systems, and social services. The research also explores the global economic repercussions of the conflict, including disruptions in international trade, energy markets, and financial systems, while noting partial adaptations in the global economy.
The role of international businesses in perpetuating or mitigating the conflict is scrutinized, emphasizing the ethical and economic responsibilities of firms operating in or engaging with the aggressor state. The ongoing military aggression has necessitated increased vigilance in implementing international financial sanctions to safeguard global financial stability.
To ensure Ukraine's post-war recovery, the study proposes strategic financial planning scenarios, accommodating both short-term challenges and long-term development needs. It identifies the need for substantial international financial assistance, estimating costs in the hundreds of billions of dollars. The reconstruction of critical infrastructure and the revitalization of economic systems are deemed essential, with special attention to leveraging partnerships with business structures from allied countries.
The research concludes with a call for enhanced coordination between monetary and fiscal policies in Ukraine, as mismanagement of these instruments is identified as a key driver of financial and economic crises. Strengthened policy alignment is presented as a vital strategy for overcoming the challenges posed by the ongoing conflict and ensuring financial security at both national and international levels.
The methodological tools of the research were: systematic approach, methods of analysis and synthesis, logical generalization, comparison, etc.
