Policy Insights

Policy Insight 132: Stimulating growth in Ukraine and policies for migrants’ return

• Vjaceslavs Dombrovskis Maurice Obstfeld Ilona Sologoub Yuriy Gorodnichenko Torbjörn Becker Anastassia Fedyk Gérard Roland Beatrice Weder di Mauro
13 Jun 2024

More than 830 days since Russia's full-scale invasion of Ukraine, the war shows no signs of abating. Millions of refugees have fled Ukraine for Europe and other regions, gradually integrating into the labour markets and societies of their host countries. Despite demonstrating remarkable resilience, Ukraine’s economy faces severe challenges. The war effort exerts a significant toll on the country’s public finances and growth prospects, raising critical questions about strategies to boost Ukrainian production and encourage the return of migrants during the ongoing conflict and within a relatively short time frame.