彼得森经济研究所-你只活两次:面向西方的乌克兰的资金流入和增长(英)-2026.1.pdfVIP

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彼得森经济研究所-你只活两次:面向西方的乌克兰的资金流入和增长(英)-2026.1.pdf

WORKINGPAPER

26-1YouOnlyLiveTwice:

FinancialInflowsandGrowthina

Westward-FacingUkraine

YuriyGorodnichenkoandMauriceObstfeld

January2026

ABSTRACT

ThemonumentaltaskofrebuildingpostwarUkrainerequiresearlyplanningandYuriyGorodnichenkoisthe

QuantedgePresidential

identificationofgrowthstrategies.TheearlieraccessionofEasternEuropean

professoratthe

countriestotheEuropeanUnionandNATOoffersatemplatethatreliesonDepartmentofEconomics,

massiveforeigndirectinvestmentandpublicstructuralfunds.ThisapproachhelpsUniversityofCalifornia,

Berkeley.

toraiseincomesdirectlyandcancreateavirtuouscirclewherecapitaldeepening

MauriceObstfeldis

facilitatestechnologicalupgradesandrepatriationofwarrefugees,whichinturntheC.FredBergsten

stimulatemoreinvestment.WeshowtheoreticallythatthegovernmentcanrefineSeniorFellowatthe

PetersonInstitutefor

thisstrategybyinternalizingpositiveexternalitiesfromhavingahighercapital

InternationalEconomics

stock:Investmentinphysicalcapitalrelaxesborrowingconstraints(thusallowingandtheCl

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