The window of opportunity after the war will be very short, like two to three years. During this time, Ukraine must build a reputation as a successful state and launch thousands of successful projects.

The alternative is to get burned by corruption and inefficiency and lose the trust of partners. In this case, the reconstruction will take 30 to 50 years.

Due to the lack of insurance mechanisms, until recently, there have been critically few – if any – projects from international organisations and private companies.

Unlock to continue reading
You need to subscribe to read this article