Ukrainians from the diaspora demonstrate in front of the Belgium-based financial services company Euroclear to advocate for Western nations to seize the frozen assets of the Central Bank of the Russian Federation on April 11, 2024 in Brussels, Belgium.Lester Crown Professor of Leadership Practice and a Senior Associate Dean of the Yale School of Management. He helped catalyze the retreat of 1,200 global corporations from Russia.
We simply cannot afford to aim too low in the seizure of Russian assets. The World Bank estimates that damages to Ukraine now conservatively. Even beyond the fact that there is no other economically and politically viable pathway toward coming close to funding Ukraine’s daunting reconstruction needs beyond the frozen Russian assets, the costs of rebuilding Ukraine should be borne by reparations from the aggressor who initiated this bloody war, not by innocent U.S. or European taxpayers.