By Gregory W. Slayton & Sergei Ivashenko
Sunday, January 04, 2026
Support for Ukraine has rightly focused on the
battlefield. Weapons deliveries, intelligence sharing, sanctions enforcement,
and diplomatic pressure have all been framed around a single imperative:
ensuring Russia does not succeed in its attempt to conquer a sovereign European
nation by force. Yet victory is not defined solely by where the front line
ends. A war is truly won only when the peace that follows is durable, which
means the West must begin preparing now for Ukrainian reconstruction.
For some, this may sound premature. Russia continues to
launch major missile and drone attacks almost nightly. The Kremlin continues to
trumpet fake victories in long-contested cities such as Kupiansk and Pokrovsk,
even though they do not control them and are losing an estimated 1,000 soldiers
per day. Elections loom across Europe and the United States, with public
patience for continued large-scale support for Ukraine wearing thin in many
quarters. But postponing reconstruction planning until after the shooting stops
would be a strategic error. History offers a clear lesson: the shape of postwar
recovery often determines whether victory endures or collapses into
instability.
Ukraine’s survival as a sovereign, democratic,
Western-aligned state depends on whether the peace can hold after fighting
stops so that Ukrainians can rebuild their lives, refugees can return home, the
economy can recover, and corruption and oligarchic activity can be kept at bay.
If these challenges are mishandled, Russia will not need tanks to undermine
Ukraine’s future. It will wait for frustration, poverty, and disillusionment to
do the work instead.
From a Western perspective, reconstruction is not
charity. It is strategy. A functioning Ukrainian state anchored in European
institutions is the strongest possible refutation of Russian revanchism.
Conversely, a shattered, aid-dependent Ukraine would remain vulnerable to
coercion, political sabotage, and renewed aggression. Reconstruction, done
properly, locks in the gains made on the battlefield.
The scale of this task is enormous. Ukrainian
infrastructure has been deliberately targeted: power grids, ports, railways,
housing, schools, and hospitals have been damaged or destroyed. Entire cities
have been reduced to rubble. Millions of citizens have fled abroad. The World
Bank estimates reconstruction costs approaching $1 trillion, and the number
rises with every missile strike. This is not a problem that can be solved with
ad hoc pledges or donor conferences alone.
What is needed is early coordination, clear principles,
and institutional discipline by those Western nations who have invested in
Ukrainian victory.
First, reconstruction planning must be tied explicitly to
reform. Ukraine has made significant progress since 2014, but corruption and
weak governance remain real concerns. Western taxpayers will not support
large-scale investment if funds are perceived to be wasted or siphoned off.
More importantly, Ukrainians themselves deserve a system that rewards merit
rather than connections. Conditioning reconstruction aid on transparent
procurement, judicial reform, and independent oversight is not punitive. It is
essential to long-term success.
Second, frozen Russian assets should play a central role
in funding reconstruction costs. The
moral case is straightforward: the aggressor should bear the cost of the damage
it caused. The legal case is more complex, but not insurmountable. Western
governments should move beyond endless debate and establish mechanisms to
transfer at least a portion of immobilized Russian state assets into a
reconstruction fund. Failing to do so risks signaling that aggression carries
no lasting financial consequences.
Third, the private sector must be involved from the
outset. Governments alone cannot rebuild a country of 40 million people.
Energy, logistics, agriculture, technology, and manufacturing firms should be
encouraged to plan for postwar investment, backed by risk guarantees and
political insurance. A reconstruction framework that treats Ukraine as a
permanent ward of international donors will fail. One that integrates Ukraine
into European supply chains and capital markets can succeed.
Fourth, security guarantees and reconstruction are
inseparable. No investor will commit capital if Ukraine’s future remains
militarily ambiguous. While formal NATO membership may remain politically
contentious, the West must provide credible assurances that Ukraine will not be
left exposed once fighting ceases. Reconstruction without security is an
invitation for renewed Russian aggression.
Critics on the right may raise legitimate concerns about
the need for the West to support Ukraine’s rebuilding: Western publics are
weary of foreign entanglements. Budgets are strained and domestic priorities
compete for our government’s attention. There is also a fear of open-ended
commitments with no clear endpoint. These objections deserve serious
engagement, not dismissal.
But the alternative to planned reconstruction is not
thrift. It is drift. A ruined Ukraine would generate long-term costs through
refugees fleeing the country, repeated aid packages, and chronic instability on
Europe’s eastern flank. Worse, it would embolden authoritarian powers by
demonstrating that even failed wars can yield strategic dividends through
exhaustion and neglect.
The Marshall Plan is often invoked, sometimes
inappropriately, in discussions of Ukraine. The comparison is imperfect, but
the underlying logic still applies. Economic recovery, institutional reform,
and security integration transformed a devastated continent into a stable
alliance system. That success was not inevitable. It started with early
reconstruction planning led by the United States.
Preparing for Ukrainian reconstruction does not mean
assuming imminent peace. It means recognizing that aiming for victory means
looking beyond the next offensive. The West has already invested heavily in
Ukraine’s defense. Failing to plan for what comes after would squander that
investment.
Victory is not just the absence of Russian troops on
Ukrainian soil. It is the presence of a functioning, confident Ukrainian state
that can stand on its own, trade freely, govern cleanly, and defend itself.
Reconstruction is how that victory is secured.
If the West believes that Ukraine’s cause is just and
that the stakes extend beyond one country’s borders, then it must act
accordingly. The time to prepare for peace is before it arrives.
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