The American analytical organization, RAND Corporation, has engaged in a collaborative effort with Ukraine to support the country's economic development, renewal, and reconstruction. This partnership was solidified during a meeting between Ukraine's First Deputy Minister of Economy, Oleksii Sobolev, and Deputy Minister Tetyana Berezhnaya, with representatives from RAND, including its President, Jason Matheny.
Sobolev highlighted the Ukrainian government's appreciation for RAND's expertise and its willingness to expand its activities in crucial areas for Ukraine. These areas include the confiscation of frozen Russian assets, attracting foreign investments, developing human capital, and providing expert advice. RAND's analytical work will be directed towards crafting expert recommendations aimed at bolstering the budget, increasing employment, expanding exports, supporting businesses, and other initiatives that could significantly impact Ukraine's economy.
The discussions also emphasized the importance of repatriating Ukrainians to contribute to the economy and developing human capital as a vital factor in stimulating economic growth. Additionally, structural reforms within the government sector, particularly under the Ukraine Facility Plan, were addressed. These reforms are geared towards improving the business climate, fostering entrepreneurship, and developing priority sectors crucial for Ukraine's economic stability.
Furthermore, the talks covered the renovation and reconstruction of Ukraine, with a focus on attracting investors and international businesses to participate in this process. RAND's role in providing external analysis and insights was seen as critical to these efforts. The discussions also underscored the need for interim economic measures, sanctions against Russia, and the seizure of Russian assets to benefit Ukraine, which would be a substantial contribution to the country's modernization.
RAND Corporation, founded in 1948 in California, USA, is an independent, non-profit think tank known for its research on defense, terrorism, international affairs, and information systems. Its collaboration with Ukraine marks a significant step in supporting the nation's path to recovery and economic growth.
