Description

TABLE OF CONTENTS

 

ACKNOWLEDGEMENTS                                                                                                         1

TABLE OF CONTENTS                                                                                                            2

LIST OF FIGURES                                                                                                                     4

EXECUTIVE SUMMARY                                                                                                          5

CHAPTER-1                                                                                                                               6

INTRODUCTION                                                                                                                       6

1.1 RUSSIA VS UKRAINE                                                                                                        7

1.2 THE CONSEQUENCES OF RUSSIA-UKRAIN WAR                                                     15

1.3 OBJECTIVES OF THE STUDY                                                                                         18

1.4 PROBLEM STATEMENT                                                                                                  18

1.5 RESEARCH LAYOUT                                                                                                        18

CHAPTER-2                                                                                                                             19

LITERATURE REVIEW                                                                                                            19

2.1 IMPACT OF RUSSIA-UKRAIN WAR ON GLOBAL MARKET                                     20

CHAPTER-3                                                                                                                             42

RESEARCH METHODOLOGY                                                                                               42

3.1 RESEARCH METHODOLOGY                                                                                         43

3.2 DATA COLLECTION                                                                                                        43

3.3 INCLUSION CRITERIA (FOR SECONDARY DATA)                                                     43

3.4 RESEARCH DESIGN                                                                                                         44

3.5 RESEARCH QUESTIONS                                                                                                 44

CHAPTER-4                                                                                                                             45

DATA ANALYSIS                                                                                                                    45

AND                                                                                                                                          45

FINDINGS                                                                                                                                45

4.1 RUSSIAN INVASION OF UKRAINE                                                                               46

CHAPTER- 5                                                                                                                            56

RECOMMENDATION  AND CONCLUSION                                                                       56

5.1 CONCLUSION AND RECOMMENDATIONS                                                                57

BIBLIOGRAPHY                                                                                                                      59

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LIST OF FIGURES

1. Fig.1.: Prior to the war, a global recovery was underway……………………………25
2. Fig.2.: Most OECD countries have limited trade links with Russia …………………26
3. Fig.3.: The prices of the principal export commodities of Russia and Ukraine have risen sharply ………………………………………………………………………..………27
4. Fig.4.: Wheat imports from Russia and Ukraine are very important in some countries …………………………………………………………………………………..……28
5. Fig.5.: The conflict implies a substantial hit to global growth and stronger inflation………………………………………………………………..…..………….31
6. Fig.6.: A reduction in imported energy would hit output across Europe………………………………………………………………………………..32
7. Fig.7.: Inflows of refugees from the war are rising rapidly…………………….…….34
8. Fig.8.: A well-targeted fiscal expansion would help to cushion the impact of the conflict

……..……………………………………………………………………………………..37

1. Fig.9.: Policy can help to cushion the impact of higher energy prices……………….38
2. Fig.10.: Many EU countries are strongly reliant on imported energy supplies from Russia………………………………………………………………………….……..39
3. Fig.11.: Rates to charter container ships are at record highs in more than a decade (ClarkSea Index in thousand USD/day)………………………………………………48
4. Fig.12.: Simulated impact on consumer prices of higher container freight rates * (Percentage)…………………………………………………………………………..49
5. Fig.13.: Price increases and volatility in wheat and maize prices (Price in USD).…..51
6. Fig.14.: Russia and Belarus account for over 20% of world exports of fertilizers……52
7. Fig.15.: Price volatility in energy markets: crude oil and gas 20 (Price index, base = 1 October 2021)…………………………………………………………………………54
8. Fig.16.: The cost of debt servicing keeps rising for developing countries……………54
9. Fig.17.: Sovereign bond yields in developing countries by income classification (Percentage)………………………………….……………………………………….55
10. Fig.18.: Sovereign bond yields in developing countries by export group (Percentage)…………………………………………….…………………………….55