Together with the Institute for Economic Research and Policy Consulting (IER) in Kyiv, we have modelled macroeconomic developments for this year and the coming year. Our analysis suggests that although the Ukrainian economy has returned to a growth path, the war is exacting a high economic price. Moreover, forecasting in a highly volatile environment is fraught with uncertainty.
Ukraine
The German Economic Team has been advising the Ukrainian government in various economic areas since 1994, during which time Ukraine has undergone a significant transformation process.