Starting from Keynes in “The economic consequences of the peace” (1919), many studies show that wars cause persistent losses for states and civil society. Yet, to our knowledge, this is the first study quantifying the actual cost of the Donbas war on Ukraine’s economy.
Russia's War Against Ukraine
OP-ED
Julia Bluszcz, Marica Valente: The economic costs of hybrid wars – The case of Ukraine
A Ukrainian soldier checks fresh 82-millimeter impact holes in the war zone near the town of Novoluhanske, eastern Ukraine, on June 14, 2019.