Why Ukraine needs a first-rate national development bank

Nick K. Kolev and Jonathan Stilwell ()
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Jonathan Stilwell: FirstRand Bank

Development Finance Agenda, 2024, vol. 9, issue 1, 10-11

Abstract: Ukraine is a Lower Middle-Income Country (LMIC) with a three-year average Gross Domestic Product (GDP), in terms of Purchasing Power Parity (PPP) and 2017 Unites States Dollars (USD), between 2019 and 2021 of USD 530.57 billion. (CIA, 2023). In terms of area, Ukraine is the second-largest country in Europe. (Statista, 2023) In terms of population, ignoring migration due to Russia’s war of aggression, according to a 2021 United Nations (UN) estimate of 43.5 million, Ukraine ranks seventh in Europe. (Wikipedia, 2023)

Date: 2024
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