The Impact of the War in Ukraine on Global Trade and Investment
The war in Ukraine is a human tragedy for the people of Ukraine, but its economic implications are global. This instant report focuses on the direct impact of the war on world trade and investment. It identifies five trade and investment channels t...
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| Format: | Report |
| Language: | English |
| Published: |
Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099750104252216595/IDU0008eed66007300452c0beb208e8903183c39 http://hdl.handle.net/10986/37359 |
| Summary: | The war in Ukraine is a human tragedy
for the people of Ukraine, but its economic implications are
global. This instant report focuses on the direct impact of
the war on world trade and investment. It identifies five
trade and investment channels through which countries will
be affected by the war in Ukraine. These encompass
disruptions to: (i) commodity markets (especially food and
energy), (ii) logistic networks, (iii) supply chains, (iv)
foreign direct investment, (v) specific sectors. The report
finds that world trade will drop by 1 percent, lowering
global GDP by 0.7 percent and GDP of low-income countries by
1 percent. Beyond these direct effects, the war’s long-term
implications for global trade and investment will largely
depend on how governments respond to the changing
geopolitical environment. |
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