Yuriy Gorodnichenko, Gérard Roland, 04 September 2014

With the crisis in Ukraine escalating further, the question on everyone’s mind is when and how peace can be restored. This column describes three different scenarios where Ukraine continues fighting with or without economic and military help from the West. The authors suggest that though Russia’s chances of winning are small, the policy response of the West could be essential in resolving the conflict quickly. 


CEPR Policy Research