Mit Exploring Economics stärken wir eine plurale Wirtschaftswissenschaft und alternative ökonomische Ansätze.
Leider geht uns jedoch das Geld aus. Aktuell haben wir eine Finanzierungslücke von 30.000 Euro.
Mit einem kleinen Beitrag kannst Du Exploring Economics unterstützen, online zu bleiben. Danke!
Wir sind ein eingetragener, gemeinnütziger Verein | Netzwerk Plurale Ökonomik e.V. | IBAN: DE91 4306 0967 6037 9737 00 | SWIFT-BIC: GENODEM1GLS | Impressum
The article demonstrates that by their very nature, the economic sanctions levelled by Western and other countries against Russia inevitably will create adverse economic effects for the rest of the global economy, too. That does not only pertain to exploding energy as well as commodity prices, creating a stagflationary setting in industrialised countries; it will probably also entail debt restructurings in emerging countries negatively affected by tightening financial conditions.
Mohamed El-Erian is one of the most astute analysts of macroeconomic developments in the world economy. His differentiation between direct, blowback, spillover, and systemic negative consequences of Western sanctions against Russia made here is very helpful to discern what economic fallout will probably follow from this war short, medium and long-term throughout the global economy. Financial sanctions, after all, are weapons potentially creating massive collateral damage, too.
Go to: The Ukraine War's Multifaceted Economic Fallout