Warfare in Ukraine and Dangers of Stagflation

Authentic at Policy Center for the New South


The conflict in Ukraine is bringing substantial monetary, commodity worth, and provide chain shocks to the worldwide economic system. Sanctions on Russia are already having a major affect on its monetary system and its economic system. Worth shocks can have a world affect. Power and commodity costs—together with wheat and different grains—have risen, intensifying inflationary pressures from provide chain disruptions and the restoration from the pandemic. The push towards relative deglobalization acquired from the pandemic will get stronger. One might anticipate an growing weight of geopolitics in worldwide funds and within the entry to particular commodities.

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