THE UKRAINE WAR IN THE DAWN OF A NEW GLOBAL MONETARY ORDER
Journal: Economy of Ukraine
Year: 2023

The Ukraine War does not just represent the large-scale reactivation of conventional military conflict in Europe. As a major confrontation between great powers whose span encompasses several overlapping arenas, it also involves another clash in the intensifying strategic competition to determine the future architecture of the global financial and monetary order and maybe even a potential watershed that can trigger its rearrangement. Under these conditions, currencies and monetary assets are bein