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EFFECTS OF REGIONAL WARS ON THE GLOBAL ECONOMY: THE EXAMPLE OF THE RUSSIA-UKRAINE WAR

Cilt: 9 Sayı: 2 20 Haziran 2025
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EFFECTS OF REGIONAL WARS ON THE GLOBAL ECONOMY: THE EXAMPLE OF THE RUSSIA-UKRAINE WAR

Öz

Russia’s comprehensive invasion of Ukraine in February 2022, combined with the strict financial sanctions imposed on Moscow, has not only had economic consequences for Russia but also affected the global economy. Inflationary pressures stemming from the Ukraine crisis are currently damaging most of the world’s economies and are being exacerbated by significant increases in the prices of oil, gas, and both industrial and agricultural goods. Consequently, this study aims to investigate the economic consequences of the 2022 conflict between Russia and Ukraine on major players in the global economy, particularly the United States and Europe, which have imposed severe financial sanctions on Russia. The research hypothesis suggests that, in light of the political and military dimensions of the conflict in Ukraine, the country’s leaders are prioritizing political rather than economic considerations in their decision-making processes regarding this crisis. This change has led to the re-entry of economic issues, previously seen as secondary during the Cold War, into the realm of primary policy concerns, resulting in the expected recessionary trends and rising global prices. The outbreak of the war has shown that the economies and markets of European countries that maintain significant economic ties with Russia and Ukraine and are more dependent on these countries for energy resources have experienced negative effects. While the conflict between Russia and Ukraine is expected to have negative effects on the global economy and financial markets, it is believed that its impact will not be significant on a global scale.

Anahtar Kelimeler

Kaynakça

  1. Akbulak, Y. (2022). Rusya-Ukrayna Çatışmasının Küresel Finansal Piyasalara ve Küresel Ekonomiye Etkileri* legal yayıncılık. https://legal.com.tr/blog/genel/rusya-ukrayna-catismasinin-kuresel-finansal-piyasalara-ve-kuresel-ekonomiye-etkileri/ (Accessed: 11.02.2025).
  2. Bağış, B. (2022). Rusya-Ukrayna Savaşının Küresel Ekonomiye ve Türkiye'ye Etkileri. SETA. https://www.setav.org/rapor-rusya-ukrayna-savasinin-kuresel-ekonomiye-ve-turkiyeye-etkileri/ (Accessed: 11.02.2025)
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  4. BBC. (2022b). Ukraine conflict: Russia doubles interest rate after rouble slump. https://www.bbc.com/news/business-60550992 (Accessed: 11.02.2025)
  5. Bloomberg. (2022). Ukrayna krizinin ekonomik etkileri hakkında bilmeniz gerekenler. https://www.bloomberght.com/ukrayna-krizinin-ekonomik-etkileri-hakkinda-bilmeniz-gerekenler-2299463 (Accessed: 11.02.2025)
  6. Bushkhor, M. (2021). Signs of economic war in the field of currency and trade settlement. Scientific Monthly Economic Security, 8(10), 39-50.
  7. BusinessToday. (2022). How cryptocurrencies have fared amid Russia-Ukraine war. https://www.businesstoday.in/crypto/story/how-cryptocurrencies-have-fared-amid-russia-ukraine-war-324892-2022-03-06 (Accessed: 11.02.2025)
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Ayrıntılar

Birincil Dil

İngilizce

Konular

Bölgesel Ekonomi

Bölüm

Araştırma Makalesi

Erken Görünüm Tarihi

18 Haziran 2025

Yayımlanma Tarihi

20 Haziran 2025

Gönderilme Tarihi

11 Şubat 2025

Kabul Tarihi

16 Mart 2025

Yayımlandığı Sayı

Yıl 2025 Cilt: 9 Sayı: 2

Kaynak Göster

APA
Özdilek, E. (2025). EFFECTS OF REGIONAL WARS ON THE GLOBAL ECONOMY: THE EXAMPLE OF THE RUSSIA-UKRAINE WAR. Politik Ekonomik Kuram, 9(2), 765-782. https://doi.org/10.30586/pek.1637795
AMA
1.Özdilek E. EFFECTS OF REGIONAL WARS ON THE GLOBAL ECONOMY: THE EXAMPLE OF THE RUSSIA-UKRAINE WAR. PEK. 2025;9(2):765-782. doi:10.30586/pek.1637795
Chicago
Özdilek, Elif. 2025. “EFFECTS OF REGIONAL WARS ON THE GLOBAL ECONOMY: THE EXAMPLE OF THE RUSSIA-UKRAINE WAR”. Politik Ekonomik Kuram 9 (2): 765-82. https://doi.org/10.30586/pek.1637795.
EndNote
Özdilek E (01 Haziran 2025) EFFECTS OF REGIONAL WARS ON THE GLOBAL ECONOMY: THE EXAMPLE OF THE RUSSIA-UKRAINE WAR. Politik Ekonomik Kuram 9 2 765–782.
IEEE
[1]E. Özdilek, “EFFECTS OF REGIONAL WARS ON THE GLOBAL ECONOMY: THE EXAMPLE OF THE RUSSIA-UKRAINE WAR”, PEK, c. 9, sy 2, ss. 765–782, Haz. 2025, doi: 10.30586/pek.1637795.
ISNAD
Özdilek, Elif. “EFFECTS OF REGIONAL WARS ON THE GLOBAL ECONOMY: THE EXAMPLE OF THE RUSSIA-UKRAINE WAR”. Politik Ekonomik Kuram 9/2 (01 Haziran 2025): 765-782. https://doi.org/10.30586/pek.1637795.
JAMA
1.Özdilek E. EFFECTS OF REGIONAL WARS ON THE GLOBAL ECONOMY: THE EXAMPLE OF THE RUSSIA-UKRAINE WAR. PEK. 2025;9:765–782.
MLA
Özdilek, Elif. “EFFECTS OF REGIONAL WARS ON THE GLOBAL ECONOMY: THE EXAMPLE OF THE RUSSIA-UKRAINE WAR”. Politik Ekonomik Kuram, c. 9, sy 2, Haziran 2025, ss. 765-82, doi:10.30586/pek.1637795.
Vancouver
1.Elif Özdilek. EFFECTS OF REGIONAL WARS ON THE GLOBAL ECONOMY: THE EXAMPLE OF THE RUSSIA-UKRAINE WAR. PEK. 01 Haziran 2025;9(2):765-82. doi:10.30586/pek.1637795

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