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The article summarizes the effects that the war in Ukraine, the resulting economic sanctions as well as associated financial turbulences have for cryptocurrencies and their role in the global financial system. 2022 Level: beginner Cryptocurrencies and the war in Ukraine Jon Danielsson Centre for Economic Policy Research Florian Kern replies to Zoltan Pozsar's analysis about the effects of the war in Ukraine on the global financial order and refutes the latter's prognosis of the demise of the US dollar as the world's reserve currency 2022 Level: advanced Why the war in Ukraine does not jeopardise the dollar's reserve currency status Florian M. Kern Dezernat Zukunft The article reviews the effects that the War in Ukraine will have for the global economy. 2022 Level: beginner The Ukraine War's Multifaceted Economic Fallout Mohamed A. El-Erian Project Syndicate In this article, Hannah Ritchie presents the data we need to understand the scale of their contribution, and which countries are most reliant on Ukraine for their food supplies. 2022 Level: beginner How could the war in Ukraine impact global food supplies? Hannah Ritchie Our World in Data "Yuliya Yurchenko is a senior lecturer and researcher in political economy at University of Greenwich. She is currently in Ukraine on an extraordinary leave. And while she writes that she is, for the moment, in relative safety, that could change any moment. Being a Ukrainian, an activist and an academic, Yuliya traveled to Ukraine on Feb 19, 2022 as part of a fact-finding and solidarity mission with a number of MPs, trade unionists and journalists. The goal, she says, of this mission is to connect with civil society organizations, trade unions, activists and politicians, and “to express direct, cross-border solidarity from the UK working class to the Ukrainian working class.” 2022 Level: advanced Yuliya Yurchenko expands the frame for understanding the Russian invasion of Ukraine Yulia Yurchenko Pretty Heady Stuff Wheat and oil prices were already rising before the Russian invasion so what might be the effect for people in low income countries of a war far away that may have a secondary impact much closer to home In this short video Rabah Arezki Chief Economist Vice President African Development … 2022 Level: beginner War in Ukraine, impact in Africa. The effect of soaring energy and food prices Rabah Arezki VoxEU - CEPR In this short essay, Jayati Ghosh gives an overview over the multiple ways in which the economic "fall-out" of the War in Ukraine is hitting economies and societies in the developing world. 2022 Level: beginner Putin’s War Is Damaging the Developing World Jayati Ghosh Project Syndicate "Alexander Kravchuk is an economist and editor at Commons: Journal for Social Criticims, who has previously written about IMF conditions on loans to Ukraine. Jacobin’s David Broder asked him about the country’s economic situation and why debt cancellation is important if Ukrainians are to be able to shape their future." (quote from the interview) 2022 Level: beginner To Help Ukraine, Cancel Its Foreign Debt Alexander Kravchuk, David Broder Commons: Journal for Social Criticism In this piece Alexander Kravchuk gives an overview over the history of dept dependency in Ukraine, highlighting especially the role of international creditors and the negative socio-economic impacts of debt dependency for the Ukrainian economy. 2015 Level: advanced The origins of Ukraine’s debt dependence Alexander Kravchuk Commons: Journal for Social Criticism From Marketisation to Armed Conflict Since 1991 nominally independent Ukraine has been in turmoil with the Orange Revolution and the Maidan protests marking its most critical moments Now its borders are threatened and the civil unrest and armed conflict continue to destabilise the country In order to understand these dramatic … 2018 Level: advanced Ukraine and the Empire of Capital Yuliya Yurchenko Pluto Press This book offers the first systematic analysis of economic thought concerning war. 2020 Level: advanced War in Economic Theories over Time Renata Allio Springer Nature Are there any limits to government spending? In times of war, particularly? And what about the aftermath of such special times when treasuries seemingly feel unshackled from any rules? And are those times really any special? That is what this paper is about. 2019 Level: advanced Modern Money and the War Treasury Sam Levey Global Institute for Sustainable Prosperity Western sanctions on Russia after its invasion of Ukraine quickly led the Ruble to lose more than 45 percent of its value. But these days, the Russian currency is back to its pre-war value. Cameron and Adam explain the turnaround and discuss what it means for the war. 2022 Level: beginner How the Russian Ruble Bounced Back Adam Tooze interviewed by Cameron Abadi Foreign Policy The author discusses the various dimensions of the recent hike in inflation in the context of the United States and policy dilemmas around high inflation GDP decline and unemployment Servaas Storm Institute for New Economic Thinking 2022 Level: advanced Inflation in a Time of Corona and War Servaas Storm Institute for New Economic Thinking The climate crisis is not primarily a problem of ‘believing science’ or individual ‘carbon footprints’ – it is a class problem rooted in who owns, controls and profits from material production. As such, it will take a class struggle to solve. In this ground breaking class analysis, Matthew T. Huber argues that the carbon-intensive capitalist class must be confronted for producing climate change. 2022 Level: beginner Climate Change as Class War Matthew T. Huber Verso Books In analyzing the global competition between Chinese and Indian tea, Andrew B. Liu challenges past economic histories premised on the technical “divergence” between the West and the Rest, arguing instead that seemingly traditional technologies and practices were central to modern capital accumulation across Asia. 2020 Level: advanced Tea War Andrew B. Liu Yale University Press Cédric Durand locates the Russian War on Ukraine in relation to Russian Economic Development and Political Economy after the collapse of the soviet union. 2022 Level: beginner Cold Peace Cédric Durand New Left Review This infographic gives a summary of the 2018 Trade Wars. This simple, compiled overview is suitable for those without a strong political or economic background. The infographic explains briefly basic concepts related to trade and provides a short timeline of events. It furthermore checks Trump administration's arguments to launch the the trade war against facts and estimates of how the 2018 trade war can affect the global and North-American economy. 2018 Level: beginner 2018 Trade Wars Infographic Trade Machines Trade Machines The most influential and controversial economist of the twentieth century, John Maynard Keynes was the leading founder of modern macroeconomics, and was also an important historical figure as a critic of the Versailles Peace Treaty after World War I and an architect of the Bretton Woods international monetary system after World War II. 2019 Level: advanced The Elgar Companion to John Maynard Keynes Robert W. Dimand, Harald Hagemann Edward Elgar Publishing The documentary recounts the history of the first World War and gives a biography of Lenin. The concept of imperialism is briefly explored and it is concluded that by the end of world war one the old certainties and old ruling alliances between aristocracy and traditional capitalists were broken up. 1977 Level: beginner The Age of Uncertainty Episode 5 Lenin and The Great Ungluing John Kenneth Galbraith BBC, CBC, KCET and OECA John K. Galbraith tells the economic history of a couple of economies (mostly UK, US and to a lesser extent Germany) from the end of the first world war until the Bretton Woods conference. He also provides a biography of John M. Keynes and outlines some central ideas of Keynes such as the possibility of an underemployment equilibrium. Galbraith complements the historical remarks by the biographical experiences he made in economic management (and in engaging with Keynes) serving as deputy head of the Office for Price administration during the second world war. 1977 Level: beginner The Age of Uncertainty Episode 7 The Mandarin Revolution John Kenneth Galbraith BBC, CBC, KCET and OECA During his life, Keynes was credited with, amongst other things, with helping to save capitalism from the Great Depression, funding the war against the Nazis and building post-war decades of growth and rising prosperity. And when the global crisis struck in 2008, it was his ideas that the world's leaders turned to help avoid another depression. 2012 Level: beginner Masters Of Money | John Maynard Keynes BBC YouTube The historian Nicholas Mulder talks about the Western sanctions against Russia in the context of the Ukraine Crisis. He explains that the current sanctions are unprecedented in terms of size, speed and scope, expected consequences as well as potential drawbacks and problems. 2022 Level: beginner Can Sanctions Stop Russia? Nicholas Mulder, interviewed by Annie Lowrey The Atlantic This episode from Odd Lost podcast with financial analyst Zoltan Pozsar features a discussion on the potential long-term financial effects of the Ukraine-Crisis on dollar and the global currency system centered around it. 2022 Level: advanced Zoltan Pozsar on Russia, Gold, and a Turning Point for the U.S. Dollar Zoltan Pozsar, Tracy Alloway, Joe Weisenthal Bloomberg Mainstream inflation theories in economics do little to explain the recent acceleration in price increases. The associated economic policy recommendations further increase the misery of low-income groups. 2023 Level: beginner The inflation conundrum Thomas Sablowski Exploring Economics In this book, the author critically examines a number of socialist proposals that have been put forward since the end of the Cold War. It is shown that although these proposals have many merits, their inability effectively to incorporate the benefits of information technology into their models has limited their ability to solve the problem of socialist construction. The final section of the book proposes an entirely new model of socialist development, based on a "needs profile" that makes it possible to convert the needs of large numbers of people into data that can be used as a guide for resource allocation. This analysis makes it possible to rethink and carefully specify the conditions necessary for the abolition of capital and consequently the requirements for socialist revolution and, ultimately, communist society. 2014 Level: advanced Information Technology and Socialist Construction Daniel E. Saros Routledge The article discusses whether the turning point in EU's Russia policy with sanctions aimed directly at Putin's war chest of foreign reserves will change the landscape of countries' foreign assets. 2022 Level: beginner The Monetary Consequences of Vladimir Putin Barry Eichengreen Project Syndicate Gilles Carbonnier, Professor of Development Economics and Director of Studies at The Graduate Institute Geneva, explains the emerging field of Humanitarian Economics. It analyses how economics can help to better grasp and respond to humanitarian crises, and why capturing market dynamics - including the humanitarian market itself, or in relation to e.g. kidnapping and detention in war - has become critical. 2015 Level: beginner The Birth of Humanitarian Economics Gilles Carbonnier The Graduate Institute of Geneva Crises are a key part of the history of the global economy. This lesson by Economy Studies introduces students to the crisis management theories of John Maynard Keyens by presenting them in the historical context of the Great Depression, the Post-War increase in the state in managing the economy, and the Energy Crisis of the 1970s. 2022 Level: beginner How to get away with a crisis? - Economy Studies   Economy Studies How did the industrialized nations of North America and Europe come to be seen as the appropriate models for post-World War II societies in Asia, Africa, and Latin America? How did the postwar discourse on development actually create the so-called Third World? And what will happen when development ideology collapses? To answer these questions, Arturo Escobar shows how development policies became mechanisms of control that were just as pervasive and effective as their colonial counterparts. 2012 Level: advanced Encountering Development Arturo Escobar Princeton University Press p>Twenty-first-century economists will have to understand and improve a post-Cold War world in which no single economic theory or system holds the key to human betterment. Heterodox economists have much to contribute to this effort, as a wave of pluralism spawns new lines of research and new dialogues among non-mainstream economists. 2008 Level: advanced Future Directions for Heterodox Economics John T. Harvey, Robert F. Garnett, Robert F. Garnett, Jr. University of Michigan Press The Austrian tradition in economic thought had a profound influence on the development of post-war economics including neoclassical orthodoxy, game theory, public choice, behavioral economics, experimental economics and complexity economics. 2008 Level: advanced Explorations in Austrian Economics Roger Koppl Emerald Group Publishing

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