“Kyiv School of Economics actually has been founded with the help of the World Bank*, –  said Tymofyi Mylovanov,  KSE President. – We are grateful to the WB for financing the science and education of economics in Ukraine.” 

Since the very beginning of the KSE establishment, WB has been staying with the School, its values and the most important with KSE’s students and academics.  This time Kyiv School of Economics is honored to host the panel discussion on the initiative of the World Bank. On March, 23, the WB leaders presented the latest RDNA at KSE for students, where took part: 

• Anna Bjerde, Vice President of the World Bank for Europe and Central Asia; 

• Tymofiy Mylovanov, President of Kyiv School of Economics; 

• Roman Kachur, Alternate Executive Director, The World Bank Group; 

• Arup Banerji, Regional Country Director for Eastern Europe, The World Bank Group, as a moderator.

The Vice-President of the World Bank, Anna Bjerde, spoke to the students of KSE and other leading Ukrainian universities about the impact of the Russian invasion on the economy of Ukraine. Also VP Anna Bjerde presented the details of the latest Rapid Damage and Needs Assessment report by the World Bank and emphasized the significant work with KSE is in this area. 

“It’s very important for implementing RDNA recommendations that we all work together. And I think it would also be great to have continued support from KSE,” she said. “You started doing a lot of this work, and it gives a lot of credibility when multiple parties come out with analysis, even if the numbers are not exact. It creates space for debate, dialog, and helps us a lot.”

The conversation with Anna Bjerde inspired the political science, international affairs and public policy students to share their dreams and ideas regarding the rebuilding of Ukraine, thanks to the help of the World Bank. Q&A session also covered  topics about the future of Ukraine – challenges of post-war recovery, the role of human capital, and the country’s economic growth potential.

KSE highly appreciates that the training of recovery managers in Ukraine, of whom tens of thousands are needed, is a priority for the World Bank. And we hope that the common value – the development of human capital, education and science in Ukraine could strengthen the interaction between KSE and the World Bank.

*Kyiv School of Economics, formerly EERC, was founded in 1994-1995 by the following group of people: William Bader (Eurasia Fund), Boris Pleskovich (World Bank), Anders Aslund, George Soros and John Fox (Open Society Foundation).

To read the latest KSE Institute study on the damage to Ukraine’s infrastructure caused by Russia’s full-scale invasion, please click here. 

To view the details of the latest World Bank report “Rapid Assessment of Damage and Recovery Needs”, please also follow this link.