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Will Ukraine's Refugees Want to Go Back Home?
By Tamar Jacoby
PPI's Director of the New Ukraine Project
for The Wall Street Journal
The startling news slipped by almost unnoticed in the last minutes of President Volodymyr Zelensky’s year-end press conference in December. Asked about the 6.2 million Ukrainians—nearly 15% of the population—who have fled the country over the past two years, Zelensky dashed off a list of incentives to encourage their return: cash payments, subsidized mortgages, startup business loans. But he devoted most of his answer to a very different idea: multiple citizenship. The goal would be to allow Ukrainians who live and work elsewhere to continue visiting, investing and otherwise contributing to the nation’s life.
It’s not a new concept, but hearing it from Zelensky was surprising. Was he acknowledging that many Ukrainian refugees may never return? The stakes are high: If the refugees don’t come back, demographic projections suggest that the country’s population, already shrinking before the war, could contract by 25% in decades ahead. Surveys suggest that the people who left Ukraine are better educated than the population at large, with two-thirds having completed higher education, so their absence would be a devastating economic blow for a country struggling to rebuild.
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New from the Experts
Diana Moss, PPI's Vice President and Director of Competition Policy: PPI Weighs in on FTC's Junk Fee Rule: Encourages a Consumer Protection Rule that Supports Competition and Does Not Duplicate Other Regulations
⮕ PPI Comments
Ed Gresser, PPI's Vice President and Director for Trade and Global Markets, and Will Marshall, President of PPI: Looking Forward: Pacific Strategy and U.S. Relations with Vietnam and Thailand
⮕ PPI Blog
Ben Ritz, PPI's Director of the Center for Funding America's Future: Improving Financial Capability Can Help Low-Income Families Around The Holidays
⮕ Forbes
Lindsay Mark Lewis, PPI's Executive Director: Some Observations on Proposed Capital Requirements
⮕ PPI Blog
Trade Fact of the Week: A Quarter of Ohio's Manufacturing Workers Work for International Business
⮕ PPI's Trade Fact of the Week
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New PPI Report: Quantifying the Economic and Health Benefits From Rapid Response COVID-19 Vaccines and Boosters
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With the recent surge of new COVID-19 variants, the question of whether to receive a COVID-19 booster has become front of mind for many Americans. The development, manufacturing, and administration of COVID-19 vaccines to the great majority of the adult United States population has been an impressive scientific and policy achievement.
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This new PPI report finds that the COVID-19 vaccines saved 2.9 million lives, avoided 12.5 million hospitalizations, and saved $500 billion in hospitalization costs. This is in comparison to the counterfactual of no successful vaccine, relying instead on the development of natural immunity through infection. Looking forward, the report uses the same framework to examine the decision to receive a new COVID-19 booster each year, which boosts protection against severe outcomes.
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Report co-author Michael Mandel, Vice President and Chief Economist at the Progressive Policy Institute, outlines how COVID-19 vaccines have provided enormous health and economic benefits to the United States, saving millions of lives and hospitalizations, as well as $500 billion in hospital costs. Mandel also analyzes the individual consequences of deciding whether or not to receive a COVID-19 booster and finds that there is a great economic benefit to getting COVID boosters.
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🗓️ Mark Your Calendar!
Thursday, January 18: Women in Policy Alliance: Coffee and Conversation on the Hill
⮕ Details here
Tuesday, January 23: A Conversation with Moody’s on America’s Challenging Fiscal Landscape
⮕ Details here
Be sure to keep an eye out for future PPI events!
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Radically Pragmatic
Taking on Ticketmaster: Why Competition Benefits Consumers
On this episode of Radically Pragmatic, Dr. Diana Moss, Vice President and Director of Competition Policy at PPI, sits down with Russ D’Souza, co-founder of SeatGeek, and Terrell McSweeny, former Commissioner of the Federal Trade Commission, to discuss the Ticketmaster and Live Nation monopoly.
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Get More Smarter
How Democrats Can
Get it Right in 2024
Will Marshall, president of the Progressive Policy Institute, joins the Get More Smarter Podcast to talk pragmatism versus performance, how Democrats can start winning working class voters again, and what the 2024 election is going to look like.
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Don't Miss These PPI Reports
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Staff Spotlight: Diana Moss
Dr. Diana Moss
VP & Director of Competition Policy
Dr. Diana Moss' work spans the economic, policy, and legal analysis of antitrust enforcement and sector regulation, with industry expertise in digital technology, energy, agriculture, airlines, telecommunications, media, and healthcare.
She has spoken widely on various topics involving competition policy and enforcement, testified before Congress, appeared before state and federal regulatory commissions, in federal court, at industry and academic conferences, and has made numerous radio and television appearances. She has published articles in numerous legal, economic, and policy journals; is editor of Network Access, Regulation and Antitrust; sits on the editorial board of Competition Policy International; and has served on a number of state antitrust law review commissions.
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