CEPR (European Financial Architecture RPN), the Leibniz Institute for Financial Research SAFE (Goethe University Frankfurt), and the IEP@BU (Bocconi University) organised the launch of the Report "Ukraine Reconstruction: Policy Options for Building an Effective Financial Architecture" on Monday, 29 April 2024 at 5 PM (CEST), 4 PM (BST) and 11 AM (ET). 

This new report on Ukraine addresses a major precondition for reconstruction and development: a healthy and widely trusted financial system. We start from the status quo of Ukraine’s banking and capital market, and suggest policy options for improving system effectiveness and increasing international trust in the system. Key messages relate to institution building: Ukraine Development Platform will help to coordinate financial activities at the level of the international –i.e. European—community ; Ukraine Development Bank will ensure a proper channeling of international capital (public and private) to industry across the country, by refinancing existing banks in the country. Further reform options address the recapitalization and subsequent privatization of banks, the liberation of bank assets for lending purposes, and the future role of capital and housing markets. The policy options draw on historical experiences in other countries, aiming for a sea-change in Ukraine’s attractiveness for international investors, both public and private.
The report is written by a group of renowned economists and CEPR fellows from Ukraine, the U.S. and Europe, coordinated by the Leibniz Institute for Financial Research SAFE.