Economics Professor at UC Berkeley; from #Ukraine
Yuriy Gorodnichenko is an economist and Quantedge Presidential professor at the University of California, Berkeley.
This book is more relevant than ever. Read it!
#UkrainianView
cepr.org/publications...
www.bruegel.org/working-pape...
peacerep.org/publication/...
www.piie.com/publications...
www.researchgate.net/publication/...
Reposted by Markus Jäntti, Iikka Korhonen, Georg Weizsäcker
"The picture is clear. The RU economy is under enormous strain, & is running out of resources. ... The message for the west — what remains of it — is that the medicine (sanctions) is working, but the dose should be increased."
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#UkrainianView
A durable ceasefire or peace agreement will initiate a new epoch in Ukraine’s post-Soviet development. Foreign capital inflows, EU structural funds, and sustained investment, combined with institutional reforms, offer Ukraine a realistic path to reconstruction and income growth.
This was inspired by:
"You only live twice:
Once when you are born,
And once when you look death in the face."
–Poem by James Bond in Ian Fleming’s You Only Live Twice (1964)
Ukraine is certainly looks death in the face now...
There has to be massive write-off/restructuring.
If this is not done, public debt can weigh heavily on UKR economic growth.
Ukraine, Moldova, Georgia and other war affected countries rely on remittances
Poland, Hungary, Czechia, etc. rely on FDI and EU structural funds
Even if we ignore EU structural funds (which are huge), the per-accession EU flows into POL, HUN, etc. were much larger than flows into Ukraine.
EU viewed UKR as not a part of Europe ... but the RUS sphere of influence
Reposted by Iikka Korhonen
This contributed to the stagnation of income in Ukraine.
Reposted by Iikka Korhonen, Iryna Dronova
A new paper by Maurice Obstfeld and me sheds more light on this question:
The earlier accession of Eastern European countries to the EU& NATO offers a template that relies on massive FDI & public structural funds.
#UkrainianView
Reposted by Yuriy Gorodnichenko
Reposted by Yuriy Gorodnichenko
Reposted by Iikka Korhonen
Reposted by Steve Peers
Raiffeisen, Unicredit, etc. had plenty of time to exit Russia
#UkrainianView #EconSky
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#UkrainianView
Is there a free economic zone in Korea's DMZ?
The experience is clear: no security, no economy. Don't kid anybody with such proposals
@ygorodnichenko.bsky.social, Ethan Ilzetzki (LSE), & @schularick.bsky.social discussed defence & strategic sovereignty. @martinsandbu.ft.com moderated. #EconSky
Reposted by Yuriy Gorodnichenko
@ygorodnichenko.bsky.social, Ethan Ilzetzki (LSE), & @schularick.bsky.social discussed defence & strategic sovereignty. @martinsandbu.ft.com moderated. #EconSky
Reposted by Elina Ribakova, Yuriy Gorodnichenko
Many poorer regions saw their incomes rise faster 2022-24 as public spending rose🇷🇺
www.piie.com/publications...
Reposted by Georg Weizsäcker
@tderyugina.bsky.social @ilonasolohub.bsky.social, Anastassia Fedyk, James Hodson & I have a counter-proposal that would give genuine peace.
Our 28 points vs RUS 28 points.
#UkrainianView
Reposted by Yuriy Gorodnichenko
Reposted by Yuriy Gorodnichenko, Iikka Korhonen
voxukraine.org/en/more-ammu...
where: Cambridge, Massachusetts
when: May 14–15, 2026
who is eligible: full-time PhD students at a US or Canadian university
#EconSky
Reposted by Yuriy Gorodnichenko
