2/2: #Bestof2022: Background for Katrina vanden Heuvel of the Nation (see tonight, 3-27, fourth hour) supporting a Marshall Plan to rebuild Ukraine: 2/2: #Ukraine: Planning for a Ukraine Marshall Plan & What is to be done? Matt Steinglass, Economist. (Or
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John Batchelor
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🗓️ 27 March 2023
⏱️ 10 minutes
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2/2: #Bestof2022: Background for Katrina vanden Heuvel of the Nation (see tonight, 3-27, fourth hour) supporting a Marshall Plan to rebuild Ukraine: 2/2: #Ukraine: Planning for a Ukraine Marshall Plan & What is to be done? Matt Steinglass, Economist. (Originally posted October 18, 2022)
https://www.economist.com/international/2022/11/08/donors-are-already-mulling-a-marshall-plan-for-ukraine
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| 0:00.0 | S.O. wants to help you use your car a little less by hoping on your bike a little more, |
| 0:04.5 | especially for those shorter trips, like the popping out for a pint of milk trip, |
| 0:09.8 | or the off-to-pick up the kids' trip, or even the Friday night Chippy trip. |
| 0:16.0 | And to make the swap easier, every day S.O. is giving away an e-bike and 10,000 |
| 0:20.5 | nectar points that you could spend on cycling gear. Could you do a journey differently? |
| 0:24.9 | Search S.O. Thoughtful Driving to find out more. See terms and conditions at s-o-dot-co.uk. |
| 0:34.3 | This is CBSI on the World I'm John Batch with Matt Steinglas, the European correspondent |
| 0:39.4 | of the Economist magazine, who has explicated what the Marshall Plan was many, many decades ago. |
| 0:47.0 | Now the talk of the Marshall Plan for Ukraine following the fighting when it stops as it did in |
| 0:53.2 | Europe in 1945. What does that mean for the challenges ahead? Matt, we come to first objection that |
| 1:02.0 | I find in your piece of talk in Europe is why? Because it's just going to be another Afghanistan, |
| 1:09.7 | another Iraq. All the money will be stolen. What is the difference between Ukraine as we see it today? |
| 1:16.4 | And the aid that did not result in success in Afghanistan and Iraq? |
| 1:20.9 | I think there are two things to think about there. One is Ukraine is already a developed |
| 1:26.0 | industrial economy with a functioning democratic government. In Afghanistan, we were trying to |
| 1:31.9 | build a new nation in a country that had not been democratic and it was basically an agrarian |
| 1:36.3 | society. And pouring tremendous amounts of money into that society, I think you I spent about |
| 1:41.2 | $150 billion in aid there, including defense and humanitarian aid. Pouring money into that |
| 1:48.7 | society generated a tremendous amount of corruption. A lot of the money went to stray. |
| 1:53.0 | In Ukraine, you're talking about a completely different situation. You're putting money into |
| 1:56.4 | functioning businesses, into functioning ministries that know how to spend money, into infrastructure |
| 2:01.2 | ministries that know how to build roads, ports, railroads and so forth. And you've got a lot more |
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