With Russia's ongoing military operation in Ukraine, millions of Ukrainian refugees abroad are contemplating settling permanently in their current host countries. This poses a challenge for Ukraine's post-war recovery and the rebuilding of its economy.
According to the UN refugee agency UNHCR, while the majority of displaced Ukrainians express a desire to return someday, only about one in ten plan to do so in the near future. Past experiences show that over time, refugees' desire to return home tends to fade.
This situation has raised concerns among company leaders who fear that many refugees will not return, leading to a shrinking workforce. Industries requiring specialized skills and education, such as pharmaceutical companies, are already facing acute shortages of qualified workers.
The issue extends beyond workforce shortages. The long-term decrease in consumer demand due to population decline is also worrisome. Even before the conflict, Ukraine was grappling with an aging population and a low fertility rate, which has dropped further since the war began.
The exact number of Ukrainians residing in Russia, Belarus, and Russian-held territories remains unclear. However, leaked US intelligence assessments suggest a significant number of working-age men have been injured or killed. It is expected that once wartime restrictions are lifted, Ukrainian men will join their families abroad, further contributing to the population decline.
While the Ukrainian government remains optimistic about the number of people returning in the near future, some experts believe that the population in Kyiv-controlled areas could be significantly lower than government estimates. The government cites the surge in patriotism following the invasion as a reason to expect a high percentage of refugees to return within three years of the conflict's end.
The challenges faced by Ukraine in terms of population decline, workforce shortages, and rebuilding the economy are significant. The long-term consequences of the conflict and the decisions made by refugees will shape the country's future.
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