The WESP report, published by UN's Department of Economic and Social Affairs (DESA), examines how the spillover effects of the conflict in Ukraine are impacting different regions. Besides the tragic deaths and the unfolding humanitarian crisis, Russia's special military operation has also had a ...
Russia’s invasion of Ukraine will likely hit economic growth globally and here at home. "The Russia-Ukraine crisis is viewed as a negative growth shock for the global economy," said National Association of Business Economics President David Altig, executive vice president and director of research...
MARK FINLEY: The base that we were coming off, heading into the crisis, was that the world's energy complex, including oil and natural gas, was unusually tight. Prices were rising strongly even before Russia invaded Ukraine. And this is coming out of a very strong economic recovery after t...
Therefore, the aim of the paper was to determine the influence of the Russia-Ukraine conflict on the rapidly changing global order or disorder partly because the studies conducted thus far have shown that the conflict has negatively affected developing states....
"To put it simply: we are facing a crisis on top of a crisis," IMF Managing Director Kristalina Georgieva said last week in a curtain raiser speech ahead of the spring meetings, noting that the impact of the Russia-Ukraine conflict would contribute to forecast downgrades for 143 economies ...
Well before February 2022, industrial materials of all kinds were in demand. Commodities in particular were booming. Many were at ten-year highs, though with considerable price volatility. Then came the war, which hastened price rises of dozens of commodities that Russi...
Article The economic impact of war in Ukraine Learn more about three potential scenarios of the development of the Ukraine war and its consequences on the US,... Our global network Germany Italy USA Share this page
The Russia–Ukraine War is impacting global food systems, which may trigger global cropland expansion and consequently lead to biodiversity loss far from war zones. To quantify such impacts on biodiversity, we simulated the global cropland expansion provoked by the reshaping of international virtual ...
The current Russia–Ukraine war has both created new food insecurity and highlighted existing systemic weaknesses in international food security. Armed conflicts weaken the ability of nations, households and individuals to secure their food needs. These conflicts can impede activities that aim to grow ...
Inflation has become "a clear and present danger" for many countries, IMF chief economist Pierre-Olivier Gourinchas said at a virtual press conference during the 2022 spring meetings of the IMF and the World Bank. He said even prior to the Russia-Ukraine conflict, inflation surged on the back...