Economist Podcasts

Marshalling resources: rebuilding Ukraine

7 snips
Jan 24, 2023
Matt Steinglass, Europe correspondent for The Economist, provides deep insights into the rebuilding of Ukraine amidst the ongoing war. He discusses the severe impact on agriculture and the country's economy, along with the urgent need for foreign investment and a solid recovery plan, reminiscent of the Marshall Plan. Rachel Dobbs explores the Montreal Protocol's success in healing the ozone layer and contrasts it with the complexities of climate negotiations. They also address the surprising stability in job markets despite fears of automation following the pandemic.
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ANECDOTE

Farm Destruction in Chernihiv

  • Russian troops occupied Fikhori Tkachenko's farm, destroying buildings and killing half his cow herd.
  • They also booby-trapped the potato shed and damaged equipment, causing a million dollars in losses.
INSIGHT

Ukraine's Rebuilding Needs

  • Rebuilding Ukraine will require substantial aid, similar to the Marshall Plan after WWII.
  • The World Bank estimates $349 billion in damages through June 1st, with costs still rising.
INSIGHT

Ukraine's Aid Plan

  • Ukraine's aid schedule has three stages: immediate needs, urgent reconstruction, and a Marshall Plan-like phase.
  • This plan involves rebuilding infrastructure, supporting businesses, and implementing green energy initiatives.
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