THE IMPACT OF THE RUSSIAN-UKRAINIAN CONFLICT AND OF THE GLOBAL AND REGIONAL SHOCKWAVE: SOCIO-ECONOMIC CONSEQUENCES

Ana-Cristina Bâlgăr ()
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Ana-Cristina Bâlgăr: Institute for World Economy, Romanian Academy

Global Economic Observer, 2024, vol. 12, issue 1, 15-25

Abstract: Against the complex backdrop of heightened global geo-economic tensions and risks following the outbreak of Russian-led military aggression in Ukraine, our article aims primarily to examine and retrospectively assess the profound disruptive effects caused by the Russian-Ukrainian war, while seeking to synthesise and capture simultaneously the destabilising impact of the ongoing conflict on the rules-based international order, on the global and regional economy, and on societies, governments, communities and institutions worldwide. With this last point in mind, in a separate section of our paper we will examine the consequences of the biggest humanitarian crisis in Europe since the Second World War and the concerted financial efforts made by the world's states to respond promptly and effectively to the exodus of Ukrainian citizens fleeing the war.

Keywords: Russian-Ukrainian conflict; consequences of the conflict in Ukraine; liberal world order; global economy; socio-economic impact (search for similar items in EconPapers)
JEL-codes: F02 F50 F51 N40 (search for similar items in EconPapers)
Date: 2024-06
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Persistent link: https://EconPapers.repec.org/RePEc:ntu:ntugeo:vol12-iss1-15-25

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