Rebuilding is estimated to cost $131 billion. The countries such as Germany, Finland, Czech Republic have labor shortages of their own and encourage refugees to stay. Of this 1.5 million stayed in Poland, the rest went on to other countries in the EU or returned. About 8 million people moved to Ukraine in the one year following Russian invasion. Already with the fall of the Soviet Union Ukraine lost about 8 million people and population was 44 million before the war. The problems now are that Ukraine after this war will have severe shortage of manpower. The close links with countries of the EU that share a border with Russia have increased. Even at the risk of lower prices and hurting farmers in Poland, the Polish government has allowed large imports of agricultural products into Poland. The EU takes in 80% of Ukraine agricultural exports compared to 20% before the war. Then transmission lines brought energy to Ukraine from the EU. Its power grid was integrated with the EU power grid before the war, and nuclear power was sent to the EU from Ukraine before Russian attacks on the nuclear plant. It is supposed to join the European Union, yet Der Spiegel says it is already tightly integrated into the EU. Ukraine has already emerged as part of Europe, tried, tested and come through adversity of the worst sort.
By having an economy that is functioning and life even in light from generators and solar energy, with supermarkets well stocked and providing office space for workers, with aid mechanisms working. For social benefits 16%, and another 26% for other expenditures. Before the invasion in Feb 2021 defense took up 9% of the budget, now it takes up 42% of the budget. All defense needs are covered from the Ukraine budget. The IMF has created an exception for aid to Ukraine with offices in Kviv and Brussels. Of about $62 billion promised by US and European countries about $31 billion has actually been transferred to Ukraine. Unemployment is 30% even after hundreds of thousands of younger Ukrainians are at the war front.
The steel industry is mostly destroyed yet the software industry continues to grow. It shows energy from half a million generators keeps the lights on and companies working in Ukraine. It shows for instance that supermarket shelves are well stocked. If the Ukrainian economy is surviving in 2023 then Ukraine will continue long after a peace settlement is reached. Questions are asked how will this conflict end? This report in Der Spiegel is one of the rare reports that looks at the Ukrainian economy with images and reporting from the ground that answer that question. LyrArc Article Gist Most of the reporting on Ukraine follows the war.
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