This research covers the period predating the full-scale invasion on February 24, 2022
This report examines the systemic economic and social impact of the hybrid aggression that the Russian Federation has been carrying out against Ukraine since 2014. The authors argue that direct losses of natural, material and human resources due to the occupation of a part of Ukraine combined with significant bottlenecks to the economic and social development of the country limit the choice of development paths. The report assesses the adaptability of the Ukrainian economy to these negative consequences as well as the steps taken to overcome them. It also outlines the strategy of lowering the cost of Russian aggression for Ukraine and easing the sensitivity of the national economy to further hybrid influences.
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