RUSSIA AND UKRAINE NO NEED AMERICA AND NATO

Endang Naryono

No rjdmg, OSF Preprints from Center for Open Science

Abstract: The war between Russia and Ukraine has had a tremendous impact on the world order not for Ukraine and Russia but for other countries in the world, one of which is the economic impact on the world, especially for poor countries and developing countries that rely heavily on imports from these two countries. as a result of poor and developing countries experiencing a very sharp economic contraction and leading to an economic crisis, there are even countries in Southeast Asia that have been declared bankrupt due to the war. The rising inflation rate is triggered by the scarcity of basic commodities and rising world oil, but can survive by providing subsidies, the limited ability of countries will not always provide subsidies and even if they continue to provide subsidies will result in fiscal pressure on poor and developing countries there will be no development because all resources are spent by subsidies. The solution to this global problem is peace between the two countries. America and Nato are not the answer to all of this because America and Nato's involvement in the war will only prolong a war that will never end. No one wins in war, loses to dust, wins to charcoal.

Date: 2022-09-01
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:rjdmg

DOI: 10.31219/osf.io/rjdmg

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