1:00—2:30 PM Eastern Time (US & Canada)

Russia's Invasion of Ukraine: Buffering Developing Countries from the Broader Economic Shocks


  • Ken Ofori-Atta, Minister for Finance and Economic Planning, Ghana
  • Mark Malloch-Brown, President, Open Society Foundations
  • Beth Dunford, Vice President for Agriculture, Human and Social Development, African Development Bank
  • Gargee Ghosh, President for Global Policy & Advocacy, Bill & Melinda Gates Foundation
  • Carmen Reinhart, Senior Vice President and Chief Economist, World Bank Group
  • Vera Songwe, United Nations Under-Secretary-General & Executive Secretary of the Economic Commission for Africa


Russia’s unprovoked invasion of Ukraine in February 2022 precipitated a massive humanitarian disaster, forcing some 4.2 million Ukrainians to flee the country as fighting engulfed several Ukrainian cities. But wider shocks to international food, commodity, and financial markets also portend severe harm to low-income economies around the world, particularly in sub-Saharan Africa. While wealthy country governments are rightly focused on addressing the devastation unfolding in Ukraine, it is also important that they maintain a commitment to vulnerable developing countries, as global effects of the war exacerbate the difficult conditions many countries have already been experiencing due to the pandemic.

To discuss the impact of the war in Ukraine on low-income economies, and how to structure a robust response, CGD is convening a panel discussion of distinguished experts in developing country finances and the global aid and finance architecture. The event will feature a panel discussion moderated by CGD President Masood Ahmed, followed by audience Q&A.

If you have questions for our panelists, please submit them to [email protected], tweet @CGDev #CGDTalks, or submit your comments via YouTube.

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