Global Institutions in Supporting Regional Development and Resilience

Abstract

Problems of post-war recovery and reconstruction of regions and territories affected by war are so complex and profound that they cannot be resolved by the country’s efforts alone. Therefore, global institutions will play a key role in supporting development, recovery, and crisis resolution in regions of countries affected by conflicts or disasters. Ukraine serves as a vivid example: following Russia’s full-scale invasion in February 2022, the country has suffered significant human losses and economic damage. The purpose of this article is to examine the experience of international institutions that are capable of providing comprehensive support for socio-economic development and regional recovery. The research is based on publicly available sources, such as websites of international organizations, their analytical reports, and briefing notes. The study is focused on the case of Ukraine, which has suffered catastrophic destruction as a result of military aggression. It has been determined that global institutions play an indispensable role in strengthening the capacity of states and regions to absorb, respond to, and recover from large-scale shocks such as armed conflicts, economic disruptions, and environmental disasters. Their contribution goes beyond financial assistance, encompassing strategic policy guidance, institutional reform, technical support, and long-term development planning. In the context of Ukraine, the coordinated involvement of major international actors, including the World Bank, the International Monetary Fund (IMF), the United Nations Development Programme (UNDP), the European Investment Bank (EIB), and a number of multilateral donors demonstrates a comprehensive and integrated approach to regional development and post-conflict resilience. UDC: 339.96:332.14(477); JEL: H51; R23