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Postwar Reconstruction in Ukraine: A New Marshall Plan?

April 18 @ 12:30 pm - 2:00 pm EDT

In recent months there has been much discussion about post-war reconstruction in Ukraine after the conflict there comes to an end. Some politicians, analysts, and pundits on both sides of the Atlantic have called for a “Marshall Plan for Ukraine.” Following the Second World War, the Marshall Plan was an ambitious and innovative strategy to rebuild Europe. It provided more than $15 billion in aid to 17 war-ravaged European countries – and was successful in rebuilding cities, infrastructure, and industry across the continent, including Germany. But, is the Marshall Plan the right model for rebuilding Ukraine? What lessons can be drawn from the implementation of the Marshall Plan 75 years ago?

Join 1014 and the American Council on Germany for a discussion with Dr. Benn Steil, Senior Fellow and Director of International Economics at the Council on Foreign Relations, and Bruce Stokes, non-resident Senior Fellow at the German Marshall Fund of the United States, about the Marshall Plan, the current situation in Ukraine, and whether or not a Marshall Plan for Ukraine makes sense.

Dr. Benn Steil is senior fellow and director of international economics at the Council on Foreign Relations in New York. He is the lead writer of the Council’s Geo-Graphics economics blog, and the creator of eight web-based interactives tracking Global Monetary PolicyGlobal ImbalancesGlobal TradeGlobal GrowthGlobal Energy, Sovereign RiskChina’s Belt and Road, and Central Bank Currency Swaps. Prior to joining the Council in 1999, he was director of the International Economics Programme at the Royal Institute of International Affairs in London. He came to the Institute in 1992 from a Lloyd’s of London Tercentenary Research Fellowship at Nuffield College, Oxford, where he received his MPhil and DPhil (PhD) in economics. He also holds a BSc in economics summa cum laude from the Wharton School of the University of Pennsylvania.

Dr. Steil has written and spoken widely on international finance, monetary policy, financial markets, and economic and diplomatic history. He has testified before the U.S. House, Senate, and CFTC, and is a regular op-ed writer and commentator on CNBC. His most recent book, The Marshall Plan: Dawn of the Cold War, won the New-York Historical Society’s 2019 Barbara and David Zalaznick Prize for best work on American history, won the American Academy of Diplomacy’s 2018 Douglas Dillon Prize, won the Honorable Mention (runner-up) for the 2019 ASEEES Marshall D. Shulman Prize, was shortlisted for the Duff Cooper Prize, and is ranked number 3 among BookAuthority’s Best Diplomacy Books of All Time. Paul Kennedy in the Wall Street Journal called the book “brilliant,” the New York Times called it “trenchant and timely,” the Financial Times called it “elegant in style and impressive in insights,” and the Christian Science Monitor called it a “gripping, complex, and critically important story that is told with clarity and precision.”

Bruce Stokes is a non-resident Senior Fellow at the German Marshall Fund of the United States and has served as the Executive Director of the GMFs “Transatlantic Task Force: Together or Alone? Choices and Strategies for Transatlantic Relations for 2021 and Beyond.” He is also a co-author of “Designing Ukraine’s Recovery in the Spirit of the Marshall Plan.” Previously, he was the Director of Global Economic Attitudes at the Pew Research Center in Washington, DC, and is a former international economics columnist for the National Journal, a Washington-based public policy magazine.

From 2010-2012, Mr. Stokes was a Senior Fellow at the German Marshall Fund. He was the author of the 2009 Transatlantic Trends survey, and two task force reports: The Case for Renewing Transatlantic Capitalism, and A New Era for Transatlantic Trade Leadership. In 1987 and again in 1989, he was a Japan Society Fellow, living in and reporting from Japan. In 1997, he was a member of President Clinton’s Commission on United States-Pacific Trade and Investment Policy and he wrote its final report, “Building American Prosperity in the 21st Century.”

He is co-author of the book America Against the World: How We Are Different and Why We Are Disliked (Times Books, 2006), and co-author of numerous Pew Global Attitudes Surveys. Mr. Stokes is a graduate of the School of Foreign Service at Georgetown University, the School for Advanced International Studies at Johns Hopkins University, and attended the Graduate School of Journalism at Columbia University.


April 18
12:30 pm - 2:00 pm
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