Economic Reconstruction and Reforms in Post-Conflict Countries

Castillo, Graciana del; Bunche, Ralph J.

doi:10.1093/acprof:oso/9780198757276.003.0004

Cited by 9 publications

(5 citation statements)

References 3 publications

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“…Planning 13 and executing a reconstruction program in response to armed aggression must, however, also consider fundamental state reforms in Ukraine (i.e., judicial reform, administrative reform, etc.) that guarantee the long-term viability of the outcomes attained 20 . Therefore, a crucial element for long-term success in the financing and execution of post-war reconstruction programs is the Rule of Law component.…”

Section: Multidisciplinary Approach For Supporting Post-war Reconstru...mentioning

confidence: 97%

Post-War Reconstruction in Ukraine Within Corporate Finance Framework: Un SDG Aspect

Aleksin

2024

Sustainable Development and Circular Economy: Trends, Innovations, Prospects

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Under volatile modern context of global economic development, the UN Sustainable Development Goals (SDGs) emerged as a universal incentive for economic agents and a framework for their behavior. The 17 goals established in 2015 are highlighted, aimed at solving the most urgent issues, in particular, poverty, climate change, overcoming hunger, and improving the environment. The broad coverage of the SDGs underlines the context of the transition to sustainable and inclusive economic growth. At the same time, this change in the paradigm of economic development affected not only the state policy in the field of social programs, but also significantly influenced the development of corporate finance in the field of stimulating sustainable economic development. Corporate finance, which has traditionally focused on maximizing the value created for stakeholders, is increasingly applying a toolkit of goals and approaches to achieving sustainable development. This is confirmed by the growing trend of applying ESG criteria and corporate social responsibility ratings in the formation of micro-level financial decisions. The integration of SDGs into the strategy of corporate finance means adopting approaches regarding implementation of projects based on the SDGs. Besides, that poses a need for integration of the SDGs into the framework for financial management decisions in the tasks of implementing projects with a significant social component, as well as basing on the SDGs in the formation of financial communication with stakeholders (investors, shareholders, international financial institutions, others). Accordingly, the task of researching the intersection of policy and corporate finance arises the issue of embedding these global goals into the structure of management decision-making and interaction with the financial market infrastructure to attract financing and other resources on a competitive basis for projects with a significant social component. Such a project is the post-war reconstruction in Ukraine. As a result, all these factors determine the significant relevance of this direction of research. Given the sheer scope of this research issue, to further examine and broaden the scope of this study, this research elaborates on the findings and 1. Ambiguity of post-war reconstruction in Ukraine One of the most crucial tasks for the medium-and long-term prospects of key stakeholder groups in Ukraine of both micro-and macro-level is the postwar reconstruction, and economic recovery associated with that. Apart from being a prerequisite of infrastructure restoration to support the operations of economic agents at both the micro-and macro-level, the post-war reconstruction effectiveness, and its ability to produce sustainable results will also be used as a yardstick by exogenous stakeholders (both international donors, and industrial or financial businesses) to assess the way they perceive future of relations with Ukraine. Among other things, the interests of police needs (macro-level) and stakeholder-needs (micro-level) are o...

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Section: Multidisciplinary Approach For Supporting Post-war Reconstru...mentioning

confidence: 97%

Post-War Reconstruction in Ukraine Within Corporate Finance Framework: Un SDG Aspect

Aleksin

2024

Sustainable Development and Circular Economy: Trends, Innovations, Prospects

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“…Because the previous social contract based on government-led development, guaranteed public employment and widespread transfers is no longer viable, economic activity, employment opportunities and welfare gains must necessarily be provided by the private sector. Private sector recovery and development is key to expand the supply of goods and services, improve on productivity levels, and provide working people with employment opportunities that would allow them to make a decent and licit living (del Castillo, 2015). A second reason to support the private sector is that a vigorous recovery is needed to encourage displaced families to return to their previous economic activities and, in particular, to move away from the war economy and illicit trades.…”

Section: Post Conflict Reconstructionmentioning

confidence: 99%

Economic Agenda for Post-Conflict Reconstruction

Makdisi¹

2023

The Aftermath of the Arab Uprisings

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All rights reserved. No part of this publication may be reproduced in any form or by any electronic or mechanical means, including information storage and retrieval systems, without permission in writing from the publisher.The findings, interpretations and conclusions expressed in this publication are entirely those of the author(s) and should not be attributed to the Economic Research Forum, members of its Board of Trustees, or its donors.

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“…As a result, tax exemptions and other preferential regimes designed as incentives for foreign firms may end up undermining the basis of social cohesion, notwithstanding apparent success in addressing shortage of domestic finance. 45 Conversely, tax regimes which place a higher financial burden on foreign firms may not necessarily hamper inclusive growth. Under certain conditions, these schemes could be pivotal in promoting local value addition.…”

Section: Reform Ownership: Perceptions and Implications Of Bermentioning

confidence: 99%

Rethinking business reforms in post-conflict settings: the case of Sierra Leone

Kobayashi

M’cleod

2021

Conflict, Security & Development

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The literature on 'conflict-sensitive' business practices has burgeoned in recent years. Yet there remains a critical knowledge gap on the value of incorporating 'conflict-sensitivity' systematically to business environment reforms (BER) advanced by the public sector and its international partners. Wars and protracted conflicts reshape market environments in deeply distortive ways. The resulting transformation often enlarges the informal sector at the expense of formal state institutions, while it also reinforces high dependence on foreign aid and investments. Simultaneously, policy communication channels also become disrupted and unreliable. The existing BER literature remains generally insensitive to these peculiarities. Drawing on a case study of Sierra Leone, this article explores the implications of these omissions and shows that BER may even bring about adverse effects when the peculiarities of these conflict-generated market distortions are neglected. In order to avoid negative repercussions, conflict-sensitive BER needs to take into account the multiplicity of business environments and the heterogeneity of business actors operating within conflict-affected nations.

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Economic Reconstruction and Reforms in Post-Conflict Countries

Cited by 9 publications

References 3 publications

Post-War Reconstruction in Ukraine Within Corporate Finance Framework: Un SDG Aspect

Post-War Reconstruction in Ukraine Within Corporate Finance Framework: Un SDG Aspect

Economic Agenda for Post-Conflict Reconstruction

Rethinking business reforms in post-conflict settings: the case of Sierra Leone

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