Economic consequences of the Russia-Ukraine war: A grim outlook
My recent blog for the Griffith Asia Institute draws on the latest evaluations by IMF, World Bank, and UN agencies. Ukraine is destroyed as a viable nation. Russia is expected to suffer its steepest recession since the early 1990s before a rather modest recovery in 2024. The economic reverberations of the war will be felt in Europe and the rest of the world.
I am an Adjunct Professor, Griffith Asia Institute, Griffith University, Brisbane, Australia. I am also a former Chief, Labour Market and Employment Policies Branch, ILO, Geneva. I was educated as an economist at Manchester, Western Ontario and Cambridge. I am one of the founding editors of the Journal of Asia Pacific Economy (Routledge, London and New York).
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