As a result of Russia's invasion of Ukraine, the global economy is estimated to contract by **** percent in 2022. Furthermore, due to sanctions imposed on Russia, its economy is projected to decline by *** percent in 2022 and by **** percent in 2023.

Following Russia’s invasion of Ukraine on 24 February, we've looked at which industries across the globe are likely to be most affected by the economic effects of the invasion.

In 2023, more than ** percent of foreign investors in Poland said that energy and raw material costs had short-term economic consequences resulting from Russia's invasion of Ukraine.

How is the economic impact of the Russia-Ukraine invasion – including Western sanctions on Russia and disruption to oil supply – expected to affect UK industries?

This paper examines how the decision-makers manage and deal with the Russian invasion from an economic perspective. The consequences of the made decisions in the long and short terms. Meantime, how were the European-American people influenced by these decisions, and to what extent did these decisions affect the economy of other nations? Consequently, to what extent could the current global financial system be exposed? Regardless of the damage and paralysis that this administration has caused to the Russian economy. We also discuss the beginning of the Russian threat and the precautions that should have been taken to avoid today's economic crisis. We also address the concept of the current applied siege model and mechanisms that can directly affect and weakening-off the regimes. Finally, we discuss the invasion of the Russian Federation and how this humanitarian catastrophe can be ended. Finally, we propose a scenario for ending the humanitarian and economic catastrophe caused by the Russian-Ukraine invasion.

Abstract The war in Ukraine has had a marked economic impact. However, since Russia is a net producer of important commodities, the impact of sanctions on its economy was less than expected. But what would happen if there was a war involving a country that was a net importer of commodities? In the case of a possible China-US conflict over Taiwan, the impact on the world economy would be different, with a deeper recession around the world, but the impact on the Brazilian economy would still be positive on account of the possibility that would remain of agricultural exports to China.

In a survey conducted among Southeast Asians in 2024, **** percent of respondents answered that the Russia-Ukraine war led to an increase in energy and food prices and thus caused economic hardship in ASEAN.

The economic effects of wars and recessions can have significant impacts on consumer attitudes and behaviors. Understanding how these attitudes and behaviors change impacts during challenging economic times is crucial for financial education and management. A survey was conducted to investigate the financial attitudes and behaviors of individuals during a recessionary period. The survey included questions about age, financial education level, savings behavior, attitudes towards debt, gender and financial management behavior, age and financial education, and income and savings behavior. Data were analyzed using t-tests and ANOVA. Participants with higher income level had higher levels of savings and investing behaviors than those with lower income levels. Participant with a higher level of formal education in finance had higher levels of budgeting and investing behaviors than those with a lower level of formal education in finance. Additionally, participants who reported higher levels of self-rated financial knowledge had higher levels of all financial management behaviors (budgeting, saving, investing, and debt management) compared to those with lower self-rated financial knowledge. The findings suggest that financial education and management programs should target individuals with lower income levels and less formal education in finance. Additionallt, promoting self-rated financial knowledge may be a useful strategy for improving financial management behaviors. Future research could explore the effectiveness of different financial education and management programs on improving financial attitudes and bevaiors during recessionary periods.

The Russia-Ukraine war impacted economic growth in North Africa. According to projections, the North African countries were affected in different ways. Considering the long-conflict scenario, with the war continuing after *********, Algeria's GDP would grow by **** percent in 2022 compared to the previous year. In contrast, the baseline scenario saw a projected growth of *** percent, which would have occurred in the absence of the war. In this scenario, Algeria was the North African country benefitting the most from the war, mainly due to increasing oil prices. Libya's GDP growth rate was also projected to increase due to the Russia-Ukraine war. In contrast, the economies of Egypt, Morocco, and Tunisia were negatively impacted by the war.

To accomplish our goal of the research, we selected Tangail district as our study population and draw a sample size for data collection from government and non-government employees using questionnaires and gathered primary data from 250 residents of Tangail. After a careful literature review, employees’ job status selected as dependent variable and the key economic indicators, such as inflation rates, consumer spending patterns, wage trends, seeking additional sources of income, employees' mental health, involvement in collective bargaining or labor action, and optimism about long-term prospects referred as independent variables.

The Russia-Ukraine war impacted consumer prices in North Africa. According to projections, inflation in all North African countries increased in 2022 due to the war. Considering the long-conflict scenario, with the war continuing after *********, Egypt's inflation rate would reach **** percent. In contrast, the baseline scenario saw a projected inflation of *** percent. In Tunisia, the inflation rate jumped to **** percent, compared to a baseline scenario of *** percent.

The Russia-Ukraine conflict has affected commodity prices on a global scale, with recent sanctions already hurting Canadian farmers and the Canadian energy sector.

Over nine percent of children in Russia were estimated to fall into poverty additionally due to the economic crisis caused by the Russian invasion of Ukraine, based on the analysis from 2022. Russia had the most children among Eastern European and Central Asian countries. Furthermore, five percent of the Ukrainian child population was expected to experience poverty as a result of the economic shock. The economic decline caused by the war was also projected to increase adult poverty across the region, though to a lesser extent.

CURATING DATASETS IS TIME CONSUMING AND DIFFICULT, SO IF YOU FIND THE CONTENT USEFUL, PLEASE LEAVE AN UPVOTE! THANK YOU! 🙏

This is what real world data looks like! It is often messy, complicated, and leaves you wondering what you can even do with it. That is the fun and difficulty of data science. You have information, but what can you do with it? Should you try to use machine learning? Should you use statistics? That is for you to find out! 😄

About the Dataset

This dataset contains information regarding the ongoing Ukrainian and Russian conflict data dating back to 2014. There are two CSV files in this dataset. One contains data from 2014 to 2021, the other contains data from 2018 to 2023. Use your data science skills to better understand a conflict that is happening in real time! This is an excellent project for those looking to better understand global events or who are looking to work on a dataset with greater implications and a larger impact than a cat vs. dog classifier. 👍

I will be contributing to this dataset as new data becomes available, so stay tuned!

About the Conflict

The Ukraine-Russia conflict began in 2014 when Russia annexed Crimea from Ukraine, but the history of these two nations goes back much further than 2014. Since then, pro-Russian separatists have been fighting Ukrainian government forces in the Donbas region of Eastern Ukraine. The conflict has resulted in thousands of deaths and the displacement of over 1.5 million people.

In 2022, the conflict escalated again, with Russia mobilizing its military near the Ukrainian border and launching a large-scale invasion in February. Ukrainian forces have been engaged in heavy fighting with Russian troops and separatist militias, resulting in a humanitarian crisis and significant civilian casualties.

The international community has condemned Russia's actions and imposed economic sanctions on the country. Diplomatic efforts to resolve the conflict, including negotiations and ceasefires, have not been successful so far. The conflict remains ongoing and the situation is highly volatile.

This District Data Brief examines the trade connections between Ukraine and Russia and the Fourth Federal Reserve District, which includes Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia, and the potential impacts to the District’s economy.

A potential stop in the West's gas trade with Russia could lead to the latter's GDP loss of almost three percent, according to an estimate from 2022. A ban on imports and exports of crude oil could lead to a decline of 1.2 percent in the Russian GDP.

Russia Imports: Year to Date: Machines and Equipment data was reported at 11.342 USD bn in Jan 2022. This records a decrease from the previous number of 144.299 USD bn for Dec 2021. Russia Imports: Year to Date: Machines and Equipment data is updated monthly, averaging 47.825 USD bn from Dec 2004 (Median) to Jan 2022, with 206 observations. The data reached an all-time high of 157.121 USD bn in Dec 2012 and a record low of 1.768 USD bn in Jan 2005. Russia Imports: Year to Date: Machines and Equipment data remains active status in CEIC and is reported by Federal Customs Service. The data is categorized under Global Database’s Russian Federation – Table RU.JAA028: Imports: by Main Products: ytd. Data release delayed due to the Ukraine-Russia conflict. No estimation on next release date can be made.
[COVID-19-IMPACT]

Russia Imports: Year to Date: CIS: Ukraine data was reported at 371.400 USD mn in Jan 2022. This records a decrease from the previous number of 4.155 USD bn for Dec 2021. Russia Imports: Year to Date: CIS: Ukraine data is updated monthly, averaging 3.687 USD bn from Feb 2004 (Median) to Jan 2022, with 216 observations. The data reached an all-time high of 20.123 USD bn in Dec 2011 and a record low of 144.000 USD mn in Jan 2016. Russia Imports: Year to Date: CIS: Ukraine data remains active status in CEIC and is reported by Federal Customs Service. The data is categorized under Global Database’s Russian Federation – Table RU.JAA025: Imports: by Main Trading Partners: ytd. Data release delayed due to the Ukraine-Russia conflict. No estimation on next release date can be made.
[COVID-19-IMPACT]

In the systemic risk (SRS) survey conducted by the Reserve Bank of India in May 2022, around ** percent of expert respondents expected a medium impact of the Russia-Ukraine war on the Indian economy. Reserve Bank's systemic risk survey presents perceptions of experts including market participants, related to major risks faced by the Indian financial system.

Russia Exports: Year to Date: CIS: Ukraine data was reported at 624.900 USD mn in Jan 2022. This records a decrease from the previous number of 8.130 USD bn for Dec 2021. Russia Exports: Year to Date: CIS: Ukraine data is updated monthly, averaging 5.859 USD bn from Feb 2004 (Median) to Jan 2022, with 216 observations. The data reached an all-time high of 30.492 USD bn in Dec 2011 and a record low of 290.600 USD mn in Jan 2016. Russia Exports: Year to Date: CIS: Ukraine data remains active status in CEIC and is reported by Federal Customs Service. The data is categorized under Global Database’s Russian Federation – Table RU.JAA006: Exports: by Main Trading Partners: ytd. Data release delayed due to the Ukraine-Russia conflict. No estimation on next release date can be made.
[COVID-19-IMPACT]