“Who should pay for the reconstruction of Ukraine after the war?”
This was a question that CNN’s Fareed Zakaria posed to Larry Summer, former US Secretary of the Treasury and President Emeritus of Harvard University, on his Sunday morning GPS show (February 26th 2023).
Secretary Summer’s response was that Russia, being the aggressor, should be responsible and its assets around the globe seized, to finance Ukrainian reconstruction. He supported his opinion with two antecedents.
The first was the Soviet Union seizing German assets after WWII to rebuild its own economy and infrastructure.