Description
TABLE OF CONTENTS
1.2 THE CONSEQUENCES OF RUSSIA-UKRAIN WAR.. 17
1.3 OBJECTIVES OF THE STUDY.. 19
2.1 IMPACT OF RUSSIA-UKRAIN WAR ON GLOBAL MARKET. 22
3.3 INCLUSION CRITERIA (FOR SECONDARY DATA) 47
4.1 RUSSIAN INVASION OF UKRAINE. 50
RECOMMENDATION AND CONCLUSION.. 61
5.1 CONCLUSION AND RECOMMENDATIONS. 62
LIST OF FIGURES
Fig. 1 Prior to the war, a global recovery was underway. 26
Fig. 2 Most OECD countries have limited trade links with Russia. 27
Fig. 3 The prices of the principal export commodities of Russia and Ukraine have risen sharply. 28
Fig. 4 Wheat imports from Russia and Ukraine are very important in some countries. 29
Fig. 5 The conflict implies a substantial hit to global growth and stronger inflation. 32
Fig. 6 A reduction in imported energy would hit output across Europe. 33
Fig. 7 Inflows of refugees from the war are rising rapidly. 35
Fig. 8 A well-targeted fiscal expansion would help to cushion the impact of the conflict 38
Fig. 9 Policy can help to cushion the impact of higher energy prices. 39
Fig. 10 Many EU countries are strongly reliant on imported energy supplies from Russia. 40
Fig. 12 Simulated impact on consumer prices of higher container freight rates * (Percentage) 51
Fig. 13 Price increases and volatility in wheat and maize prices (Price in USD) 54
Fig. 14 Russia and Belarus account for over 20% of world exports of fertilizers. 54
Fig. 16 The cost of debt servicing keeps rising for developing countries. 57
Fig. 17 Sovereign bond yields in developing countries by income classification (Percentage) 57
Fig. 18 Sovereign bond yields in developing countries by export group (Percentage) 58
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