Is Rebuilding Ukraine Even Possible?

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Into Europe: Ukraine is getting ready for the largest reconstruction project since WW2, what will its reconstruction look like?

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Hi everyone,

Small update, since I recorded the video, the Danube River ports have been targetted, further isolating Ukraine economically. This is line withngs that would happen that I mention in the 3rd scenario.

Cheers,
Hugo

IntoEurope
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Could be an incredible opportunity for Ukraine to rid itself of corruption and build itself into a prosperous country.

adamtoner
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I think people really underestimate what an aging, declining population means for an economy, life expectancy and future outcomes. Without more young people to work/pay the pensions/healthcare of an ever increasing older population, fill increasing job vacancies, consume, and increase demand in the economy, you face socio-economic collapse. Russia, China and even large parts of western europe face a similar outcome. All the best to Ukraine.

momo
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As a Ukrainian, I would say government incompetence (corruption) and demographics are the two greatest challenges in the Ukrainian post-war recovery. So far, I don't feel any optimistic about neither of those.

fluoroproilne
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As a Ukrainian born in currently occupied territory I can confirm it is one of the most detailed and well thought through videos on this topic I have seen so far. The major challenges Ukrainian post-war economy will face are described in a pretty realistic and balanced manner. Not too much optimism nor pessimism. 
One can see a lot of open-source research has been done before making this video. Thank you so much for your work and keep it up!

maxibardi
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One of the sad things for me as an architect is realising that a lot of the reconstruction will be fast and chaotic, prioritising fast growth, bulk and making Investors and politicians happy- this will mean that quality, traditional methods of construction and new urbanism will be set aside- even though so much soviet architecture has been destroyed, it will be replaced by contemporary project which are not that different.

Abcflc
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There is another factor to consider: who will rebuild Ukraine an for who will it be rebuilt? The country was already among those in a very bad place demographically, having inherited nearly off the same issues as russia has through the ussr. Add in the economic hit from the war discussed here to the tendency for a portion of refugees to end up putting down roots wherever they went to and to not come back, and how those refugees tend to be younger and women increasing the relative demographic hit from whatever number don't come back compared to if it were a more even distribution, and you have quite a hard situation for a country to recover from.

Ifyoucanreadthisgooglebroke
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I think that Ukraine cutting labor protections in order to be more enticing for private investment is very much not a good thing.

GhostPro
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The main resource Ukraine has lost that will never come back is all the people who have moved to the rest of Europe. When the war is over, the men will join their families in the EU countries. The war has lasted so long that the children have gotten used to the new countries they live in. They have a better life there, and they will not move back.

estraume
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5:42 Lol, are you serious here? The total population of Siberia is only 33 million, how do you imagine squeezing 3% more in a matter of several months into it without causing a massive unrest?

Carl-Gauss
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If it could be done to western Europe after two world wars and Japan, it can be done again

Edit: thank you Mhjy, yes south Korea too!

thomastakesatollforthedark
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Something everyone who can, would prefer not to think about, but it must be thought about, so thanks!

benjaminwinchester
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I am from Ukraine, and I have been following your videos since the creation of your channel. Thank you, Hugo, for delving into this particular topic. I firmly believe it holds as much significance as the results on the battlefield itself. Here's hoping for the most optimistic scenario to come to life! 🤞

awesomealex
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Greetings from Croatia! Our last war ended 28 years ago, we've been a member of the EU for 10 years, NATO for 15 years, we are even in the Schengen area...

Croatia took less damage in four years of fighting than Ukraine did in two and we're still not done with rebuilding!

There are minefields and people still die (or get injured). Hatred towards other ethnic groups is still present. There are missing war victims whose graves are not known. Ex-soldiers still recieve pensions and benefits draining the budget funds. Society never fully mentally recovered from war (us vs them) mentality.

However most people do believe it was worth it since we didn't have much choice and had to defend our independence.



Ukraine has massive support of the West so I hope your recovery will be much faster

natkojurdana
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Very interesting analysis, People in Ukraine hope that the worst is over only for things to get worse, just like Odesa which has been hit very very hard lately, destroying ukraines remaining port infrastructure.

ernstholm
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Unlike Korea or Japan, Ukraine's on a land border next to Western Europe. A lot of talented people in tech who speaks english. I believe Ukraine can bounce back. If Successive governments can shake the corruption that plagues post soviet states.

MrLense
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Really appreciate the topics you cover - I don't hear much on these outside of your channel!

Toxo
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Most realistic scenario: Russia gets to occupy almost half of Eastern Ukraine and Western Ukraine becomes the home of thousands of refugees. Kiev becomes a major modern city but a very unequal one as well. The rest remains the same

gabeee
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The problem with the investment route to rebuilding is that foreign investment is extremely good at creating wealth and then extracting most of it. It’s just replicating the problem of the oligarchs but with foreign oligarchs joining the party.

johnkronz
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I really hope for a war economic miracle for Ukraine. 🤗

adlerzwei