Ukraine’s economy has been one of the main bright spots after two years of brutal fighting. With decent preparation work undertaken over the past few years, and continued aid from Western partners, there has not been a bank run, there has not been an economic collapse, and Ukraine has been able to continue fighting the Russian invaders.

However, as the war drags on and contributions of aid from Western partners come under the spotlight in their home countries, how will this macroeconomic success continue? Will things like frozen Russian assets be utilised by Ukraine to help it continue fighting, and even in the future? 

In this final episode of season 2 of Power Lines, we assess this macroeconomic situation, and take a look at the big news from the last couple of weeks, that Ukraine’s Commander in Chief Valeri Zaluszny was dismissed by President Zelensky, in the culmination of a long running feud between the two men at the top of Ukraine’s war effort.

To get some insight on all this, we spoke with Timothy Ash. Timothy has been an economist for 30 years, working for some of the most prestigious banking institutions in the world over that time. His focus has been on the economics of emerging Europe, the Middle East, and Africa, particularly Ukraine, Russia, and Turkey. You can find his writing on Chatham House, CEPA and his excellent Substack  @tashecon blog.

Check out insights.Kyivindependent.com for more in depth analysis of the War in Ukraine, and follow The Kyiv Independent on Twitter and Facebook, and Instagram to get latest news and to stay up to date with our coverage.

You can find Message Heard on our website at messageheard.com, and follow us on Twitter, Instagram and Facebook to never miss a show.

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