Social entrepreneurship as a key to Ukraine’s economic recovery

At the All-Ukrainian Forum of Conservative Policy ‘Security. Values. Welfare’ held a panel discussion “Economics of War and Recovery”, where Mark Kestelboym, a member of the Board of the Ukraine Rebuilding Alliance, spoke. In his speech, he emphasised new approaches to investment and economic development in Ukraine, stressing the moral aspect of these processes.

‘The main issue of attracting investment is not only an economic issue, but also a moral one. Social entrepreneurship should become the new normal, replacing traditional approaches. This is a chance for our country to create a system based on values and social responsibility,’ he said.

Mark Kestelboym stressed that investments are not just financial resources. They are a tool that, in addition to economic growth, can change approaches to the development of society. Modern investors seek not only profit, but also transparency and responsibility on the part of business.

‘The main task is not only to raise funds, but also to ensure the affordability of development, preserve values and build a system that will facilitate long-term development. Investments should create conditions for sustainable development and improve the quality of people’s lives. Ukraine should act like a technological Sparta, uniting around common interests and relying on its own mobilisation resources. Only through strong-willed efforts and social unity will we be able to rebuild the country.’

The war has forced Ukrainians to reconsider their priorities.The country’s recovery requires a comprehensive approach that combines economic, moral and social aspects.The panel discussion was an important platform for discussing these issues, and the presence of representatives of leading American think tanks added the perspective of international experience to the recovery process.

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