EconPapers    
Economics at your fingertips  
 

Planning for economic integration: addressing trade challenges posed by the Ukraine-Russia conflict in Europe

Zar Shah, Khalid Zaman and Gul Faraz Khan
Additional contact information
Zar Shah: The University of Haripur, Pakistan
Khalid Zaman: The University of Haripur, Pakistan
Gul Faraz Khan: Government Postgraduate College Haripur, Pakistan

Theoretical and Applied Economics, 2024, vol. XXXI, issue 3(640), Autumn, 79-98

Abstract: This study aims to establish a connection between Russian-Ukraine's current state of affairs and its impact on trade in the European Union and East Asia-Pacific (EAP) regions. Russia- Ukraine conflict impacts EU and EAP trade openness due to rising military spending. Further, escalating sanctions against Russia would negatively affect trade in these regions. War media coverage may cause temporary trade decline in EU and EAP, but recovery expected in the long run. EU imports and exports flow would be significantly disrupted by conflict, irrespective of country's financial situation. Study findings can aid policymakers in assessing trade threats and developing mitigation strategies.

Keywords: Russia-Ukraine war; military expenditures; economic sanction; media coverage; trade; Europe-Asia; Panel ARDL approach. (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://store.ectap.ro/articole/1767.pdf (application/pdf)
http://www.ectap.ro/articol.php?id=1767&rid=156 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xxxi:y:2024:i:3(640):p:79-98

Access Statistics for this article

Theoretical and Applied Economics is currently edited by Mircea Dinu

More articles in Theoretical and Applied Economics from Asociatia Generala a Economistilor din Romania / Editura Economica Contact information at EDIRC.
Bibliographic data for series maintained by Mircea Dinu ().

 
Page updated 2025-03-19
Handle: RePEc:agr:journl:v:xxxi:y:2024:i:3(640):p:79-98