Understanding the Effects of the Russia-Ukraine Conflict on the Global Economy

Vanina Adoriana Trifan () and Komalpreet Kaur ()
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Vanina Adoriana Trifan: “Aurel Vlaicu†University of Arad, Faculty of Economic Sciences, Romania
Komalpreet Kaur: “Aurel Vlaicu†University of Arad, Faculty of Economic Sciences, Romania

Ovidius University Annals, Economic Sciences Series, 2022, vol. XXII, issue 1, 180-184

Abstract: The present paper outlines how the Ukraine-Russia conflict has proven to be something beyond the humanitarian crisis. Since the war has started, the risks to financial stability are increasing, and the after-effects of Western countries’ huge sanctions against Russia can finally be observed and analyzed. The article sets the record straight by explaining in detail how the war between the two countries has caused the current economic crisis.

Keywords: global economy; ukraine-russia conflict; economic crisis; labour market; inflation rate (search for similar items in EconPapers)
JEL-codes: E24 F01 R53 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xxii:y:2022:i:1:p:180-184

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