Planning for economic integration: addressing trade challenges posed by the Ukraine-Russia conflict in Europe

Autor:	Zar SHAH, Khalid ZAMAN, Gul Faraz KHAN
Jazyk:	angličtina
Rok vydání:	2024
Předmět:	russia-ukraine war military expenditures economic sanction media coverage trade europe-asia panel ardl approach Business HF5001-6182 Economic theory. Demography HB1-3840 Economics as a science HB71-74
Zdroj:	Theoretical and Applied Economics, Vol XXXI, Iss 3, Pp 79-98 (2024)
Druh dokumentu:	article
ISSN:	1841-8678 1844-0029
Popis:	This study aims to establish a connection between Russian-Ukraine’s current state of affairs and its impact on trade in the European Union and East Asia-Pacific (EAP) regions. Russia- Ukraine conflict impacts EU and EAP trade openness due to rising military spending. Further, escalating sanctions against Russia would negatively affect trade in these regions. War media coverage may cause temporary trade decline in EU and EAP, but recovery expected in the long run. EU imports and exports flow would be significantly disrupted by conflict, irrespective of country’s financial situation. Study findings can aid policymakers in assessing trade threats and developing mitigation strategies.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/4bc50ddef4f441a99a84290f0919aad0 Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF