Ukraine won’t only have to reclaim its sovereignty when its war with Russia is over, it will need to rebuild its economy. That’s why President Volodymyr Zelensky is already appealing to American and global investors to commit capital to restoring his country’s postwar economy. In a September op-ed for the Journal he emphasized Ukraine’s past industrial and scientific success, lauded the country’s particularly well-qualified STEM workforce, and identified $400 billion in opportunities for outside investors.
That’s all good news. The bad news? The U.S. government may no longer have the skills to help Ukraine effectively develop its economy.