Іmpact of Ukraine-Russia war on global trade and development: an empirical study
Journal: Acta Academiae Beregsasiensis Economics
Year: 2022

The crisis in Ukraine has created a humanitarian crisis of immense proportions and has also dealt a severe blow to the globe economy. The brunt of the suffering and destruction are being felt by the people of Ukraine themselves but the prices in terms of reduced trade and output are likely to be felt by people round the world through higher food and energy prices and reduced availability of products exported by Russia and Ukraine. Poorer countries are at high risk from the war, since they have a