FINANCIAL STRATEGIES AND INSTRUMENTS FOR STIMULATING ECONOMIC GROWTH AND RECOVERY IN THE POST-WAR RECONSTRUCTION CONTEXT: LESSONS FOR UKRAINE FROM INTERNATIONAL EXPERIENCE

This article addresses the financial foundations necessary for stimulating economic growth and recovery in the aftermath of war. It has been determined that modern challenges associated with large-scale destruction, structural transformation, and global instability require a comprehensive approach to financial policymaking. By examining international case studies from Germany, the United Kingdom, Japan, and Bosnia and Herzegovina, the study identifies key financial instruments that facilitated post-conflict recovery: fiscal stimulus, tax incentives, targeted SME financing, infrastructure renewal, and strong regulatory institutions. Particular attention is devoted to the insurance sector, which is expected not only to recover operational capacity but to become a proactive agent in risk management and reconstruction finance. The research reveals that successful recovery efforts rely on a hybrid model that integrates fiscal policy, capital market tools, public guarantees, digital financial services, and external aid. For Ukraine, the article outlines a financial reform agenda that includes institutional modernization, tax policy adjustment, long-term investment frameworks, and the expansion of inclusive and transparent financial instruments. It concludes that a holistic and coordinated financial architecture ‒ linking the state, international partners, and private actors ‒ is essential not only to rebuild the economy but to position it for sustainable and inclusive growth. Financial resilience takes on heightened relevance under conditions of hybrid aggression and limited resource capacity. The proposed mechanisms account for the need for flexible risk response, increased trust in financial institutions, and overcoming regional imbalances. The article’s conclusions are based on an interdisciplinary approach that combines macroeconomic analysis, public policy practices, and international financial cooperation.