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Artem Kochnev is a former Research Fellow at the Vienna Institute for International Economic Studies (wiiw). He holds a PhD in Economics from the Johannes Kepler University Linz for his thesis on the war in Donbas. Artem dedicated a series of papers to estimating the impact of war on real economy, asset prices, and reform progress in Ukraine. He has participated in peer-reviewed academic conferences, provided contributions to the Vienna Institute for International Economic Studies, and has been published on VoxUkraine.org.
Cost of conflict: The consequences of war in Donbas, Ukraine
War does not end with the last bullet unloaded or agreement papers signed. Wars continue years after peace but in different ways: demining minefields, prosecuting criminals, fighting discrimination of minorities, and steering wartime narratives. Unfortunately, the longer a conflict goes on, the harder it is to achieve peace. This report provides an overview of the consequences (or ‘costs’) of the war in Donbas, Ukraine. It offers a concise overview of the key historical and economic developments surrounding the war, culminating in two major points. First, the main costs in the region arise because of a policy driven humanitarian crisis. Second, Ukrainian society is still polarized on critical issues.
