Ukraine's Reconstruction: Policy Options for Building an Effective Financial Architecture


CEPR (European Financial Architecture RPN), the Leibniz Institute for Financial Research SAFE (Goethe University Frankfurt), and the IEP@BU (Bocconi University) organise and cordially invite you to attend 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.



17:00 Welcome: Beatrice Weder di Mauro, CEPR

Introduction: Jan-Pieter Krahnen


17:15-17:45 Session 1: Ukraine’s financial development and lessons from history 

Presentation: Yuriy Gorodnichenko

Discussant1: European Commission-DG NEAR: Gert Jan Koopman  

Discussant2: Sergiy Nikolaychuk, Deputy Governor National Bank of Ukraine


17:45-18:15 Session 2: A reform agenda for Ukraine’s banking sector 

Presentation: Jan-Pieter Krahnen

Discussant1: EBRD: Beata Javorcik, Chief Economist

Discussant2: Veronika Movchan, Academic Director Institute for Economic Research and Policy Consulting


18:15-18:45  Session 3:  Importance of capital markets and war insurance 

Presentation: Alexander Rodnyansky

Discussant1: German Ministry

Discussant2: Vitaliy Vavryshchuk, Head of Macroeconomic Research Department ICU Group


18:45-19:15 Q&A with the audience and all authors


The Centre for Economic Policy Research (CEPR) is a network of over 1,700 research economists based mostly in European universities. The Centre’s goal is twofold: to promote world-class research, and to get the policy-relevant results into the hands of key decision-makers. CEPR’s guiding principle is ’Research excellence with policy relevance’.

Ukraine's Reconstruction

IEP@BU does not express opinions of its own. The opinions expressed in this publication are those of the authors. Any errors or omissions are the responsibility of the authors.

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