Economic effects of the war in Ukraine. An international political economy approach
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Economic effects of the war in Ukraine. An international political economy approachAutoria
Tutor/Supervisor; Universitat.Departament
Suárez Burguet, Celestino; Universitat Jaume I. Departament d'EconomiaData de publicació
2023-07-03Editor
Universitat Jaume IResum
This paper analyses selected effects of the war in Ukraine, presenting first
an historical context of the relation between the two countries, how the conflict began,
what possible reasons could have led this act of ... [+]
This paper analyses selected effects of the war in Ukraine, presenting first
an historical context of the relation between the two countries, how the conflict began,
what possible reasons could have led this act of war and how Western countries
responded by sanctioning Russia. The focus is put mainly on trade, food security,
energy system, global supply chains and transports connectivity. Finding that even
though Russia and Ukraine have a relatively small participation in global supply chains,
they both source key raw-materials and goods that have put the value chains of several
sectors in a very difficult position. Prices of commodities like oil and gas have
increased significantly. Food security is a major concern, grains’ prices have spiked
affecting consumers directly, particularly on developing countries that rely on food
imports from Ukraine. Inflation, shortages and geoeconomic fragmentation are among
the conflict’s consequences. Regarding transports and connectivity, the conflict has
interrupted the normal flow of goods between Asia and Europe - obligating both sides
to find alternatives routes- and Black Sea ports are now considered a “high risk area”
increasing premium costs insurance on maritime transport. [-]
Paraules clau / Matèries
Descripció
Treball Final de Grau en Economia. Codi: EC1049. Curs acadèmic: 2022/2023
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info:eu-repo/semantics/bachelorThesisDrets d'accés
info:eu-repo/semantics/openAccess
Apareix a les col.leccions
- Grau en Economia [289]