What do economists know about the unfolding and effects of military conflicts? How do wars affect economic growth, macroeconomic and sectoral imbalances, and the financial system? What channels of an inter-country military conflict impact the global economy? Are there limits to the use of economic sanctions as a response of the international community to military aggression in the 21st century? What is the optimal economic policy for post-war reconstruction, and what could a possible “Marshall Plan” for Ukraine be?

Everyone searching for answers to these questions is invited to join the “War Shocks and Economic Development” course by Vsevolod Ostapenko, within the Smolny Beyond Borders project. The enrollment for this course presupposes some minimal prior training in economics. However, one does not need a broad background in many economic disciplines to complete it successfully. Knowledge of basic terms and an elementary understanding of economic mechanisms are sufficient.

Classes will take place on Wednesdays and Saturdays from November 9 to 23, and enrollment will run until November 7. We are looking forward to welcoming those who are interested!