THE RUSSIA-UKRAINE CONFLICT: IMPLICATIONS FOR GLOBAL FOOD SECURITY, TRADE, AND ECONOMIC STABILITY
Author:
Kushagra Sharma, Ankit, Karan Mittal, Kondle Ravi, Sapna Jarial
This is an open access article distributed under the Creative Commons Attribution License CC BY 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited
In the midst of the ongoing Russia-Ukraine conflict, there’s a pressing need to understand its far-reaching impacts on global dynamics. This paper takes a deep dive into the various facets of the conflict, aiming to unravel its complexities through different thematic lenses. One critical issue that emerges is the challenge of ensuring food security in conflict zones. The disruption caused by the conflict has made it difficult for people in these areas to access essential food supplies. We explore both the obstacles and opportunities in addressing this urgent need. But the effects of the conflict don’t stop at borders. It’s shaking up global trade networks, financial markets, and agricultural supply chains. We analyze how these disruptions ripple out, affecting everything from trade relations to financial stability, and delve into the implications in detail. Moreover, there’s a significant geopolitical dimension to consider. The conflict is reshaping agriculture, trade dynamics, and political alliances, painting a constantly evolving picture of the global landscape. We emphasize how ongoing tensions and shifting alliances are shaping this new reality. As we navigate through these challenges, it’s crucial to look at strategies for recovery and resilience. We highlight the importance of addressing environmental degradation and restoring economic stability in the face of conflict and environmental pressures. Zooming in on specific regions and industries, we provide insights into how the conflict is impacting economies like India’s and industries like Surat’s diamond trade, illustrating the interconnectedness of global markets. Beyond specific regions and industries, we also assess the broader global impact. This includes implications for financial markets, trade relations, populist movements, and global alliances, underscoring the need for coordinated efforts to mitigate the far-reaching consequences. This paper offers a compelling narrative of how the Russia-Ukraine conflict is shaping global food security, trade dynamics, and economic stability. It provides valuable insights into the intricate interplay between geopolitics, economics, and global security in an increasingly uncertain and conflict-ridden world
Pages | 63-69 |
Year | 2024 |
Issue | 2 |
Volume | 4 |