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The Impact Of The Russian-Ukrainian Conflict And Of The Global And Regional Shockwave: Socio-Economic Consequences

Author

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  • Ana-Cristina Bâlgăr

    (Institute for World Economy, Romanian Academy)

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.

Suggested Citation

  • Ana-Cristina Bâlgăr, 2024. "The Impact Of The Russian-Ukrainian Conflict And Of The Global And Regional Shockwave: Socio-Economic Consequences," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 12(1), pages 15-25, June.
    • Handle: RePEc:ntu:ntugeo:vol12-iss1-15-25
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    File URL: http://www.globeco.ro/wp-content/uploads/vol/split/vol_12_no_1/geo_2024_vol12_no1_art_002.pdf
    File Function: First version, 2024
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    More about this item

    Keywords

    Russian-Ukrainian conflict; consequences of the conflict in Ukraine; liberal world order; global economy; socio-economic impact;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • N40 - Economic History - - Government, War, Law, International Relations, and Regulation - - - General, International, or Comparative

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