The Impact of Russia Ukraine War on the Global Economy

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Date

2022-11

Journal Title

Journal ISSN

Volume Title

Publisher

International Journal of Scientific Development and Research

Abstract

Russia was originally part of the Soviet Union. The Soviet Union was one of the largest countries (area-wise) almost covering 1/6 of the earth's land area. Currently, Russia is still the largest country out there but it isn't as big as the Soviet Union. The Soviet Union was getting too hard to geographically manage hence it was divided into countries after World War 2. We have seen 2 gigantic world wars which had effects globally. There was a lot of loss in not only the economy but also in population. It is assumed that nearly 3 percent of the world population at that time perished which was nearly 70 to 85 million people. In this paper, we would be concentrating more on the economic impacts of the Russia-Ukraine war.

Description

ISME

Keywords

Global economy, Ukraine’s war strategy, Global inflation, Russian economic crisis

Citation

"The Impact of Russia Ukraine War on the Global Economy", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.7, Issue 11, page no.1058 - 1062, November-2022, Available :https://ijsdr.org/papers/IJSDR2211157.pdf

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