Unveiling the impact of geopolitical conflict on oil prices: A case study of the Russia-Ukraine War and its channels

Energy Economics, Journal Year: 2023, Volume and Issue: 126, P. 106956 - 106956

Published: Aug. 14, 2023

Language: Английский

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Food Security Challenges in Europe in the Context of the Prolonged Russian–Ukrainian Conflict

Sustainability, Journal Year: 2023, Volume and Issue: 15(6), P. 4745 - 4745

Published: March 7, 2023

The ongoing conflict between Russia and Ukraine, two major agricultural powers, has numerous severe socio-economic consequences that are presently being felt worldwide undermining the functioning of global food system. war also had a profound impact on European Accordingly, this paper examines implications security pillars (viz. availability, access, use, stability) in countries considers potential strategies for addressing mitigating these effects. highlights supply Europe does not seem to be jeopardized since most generally self-sufficient many products. Nonetheless, might access production costs. Indeed, industry is net importer several commodities, such as inputs animal feed. This vulnerability, combined with high costs fertilizers energy, creates difficulties farmers threatens drive up prices, affecting affordability access. Higher input prices increase and, ultimately, inflation. may affect (food) poverty. concludes increasing aid, ensuring stable fertilizer supply, imposing an energy price cap, initiating farmer support package, switching renewable sources cultivation, changing individual behaviors, lifting trade restrictions, political stability can safeguard strengthen resilience

Language: Английский

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Time-frequency volatility connectedness between fossil energy and agricultural commodities: Comparing the COVID-19 pandemic with the Russia-Ukraine conflict

Finance research letters, Journal Year: 2023, Volume and Issue: 55, P. 103866 - 103866

Published: April 6, 2023

This paper uses the TVP-VAR frequency connectedness approach to compare volatility induced by COVID-19 pandemic and Russia-Ukraine conflict. Both shocks induce increased connectedness, but shock is stronger. High-frequency medium-frequency dominate during early stage of pandemic, while low-frequency dominates Moreover, fossil energy risk transmitter in phase agricultural commodities become We should take precautions against risks contagion from post-conflict economy, prevent inflation economic slowdown.

Language: Английский

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Quantile spillovers and connectedness between oil shocks and stock markets of the largest oil producers and consumers

Journal of commodity markets, Journal Year: 2024, Volume and Issue: 34, P. 100404 - 100404

Published: April 21, 2024

This study explores the connectedness between major oil-producing and consuming countries' stock markets (United States, China, Russia, India) different oil shocks categorized as demand, supply, risk shocks, following Ready's (2018) framework. Employing a quantile-based approach quantile cross-spectral dependence, our analysis spans from July 02, 2007 to May 31, 2023, encompassing diverse market conditions events. These methodologies help identify interdependence patterns in extreme scenarios at time intervals. Key findings show variations how these respond depending on quantiles. Demand-related have most significant spillover effects United India, while risk-related dominate transmitters of India median Market interconnectedness strengthens during conditions, reflecting historical Additionally, bearish offer diversification opportunities countries crude oil. emphasizes need for tailored investment strategies, monitoring global demand trends, dynamic portfolio management, inclusion portfolios, proactive responses players geopolitical insights benefit investors policymakers seeking optimize strategies interconnected financial landscape.

Language: Английский

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Globalization vs. Glocalization: Learn Lessons from Two Global Crises, Such as the Russia–Ukraine Conflict and the COVID-19 Pandemic, for the Agro-Food and Agro-Industrial Sector

Agriculture, Journal Year: 2025, Volume and Issue: 15(2), P. 155 - 155

Published: Jan. 12, 2025

This article analyses the impacts of Russia–Ukraine conflict and COVID-19 pandemic on supply chain logistics related to management agro-food production based a comprehensive review scientific literature. The challenges lessons posed by market dependence in scenario globalization through monopolies oligopolies export are assessed, highlighting vulnerability uncertainty faced when an international occurs. examines format versus glocalization, analyzing their respective advantages disadvantages chains context two major crises such as armed between Ukraine Russia. Likewise, resilience agro-industrial systems that were negatively affected food insecurity price inflation parts Europe, Africa, other regions planet is analyzed. By identifying opportunities arising from these challenges, research offers insights into fostering more robust adaptable global geographic location regional development agribusinesses capable responding demand event crisis or conflict.

Language: Английский

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Impact of Aging on Farmland Abandonment: Evidence from Rural China

Land, Journal Year: 2025, Volume and Issue: 14(2), P. 393 - 393

Published: Feb. 13, 2025

Reducing farmland abandonment is important to address food security issues. China accelerating its transition into an aging society, and this change in the labor force structure may have impact on abandonment. This study based Labor Force Survey conducted 2012, 2014, 2016, 2018 collects data from 29,704 valid farmer samples 29 provinces cities across nation. We investigate how affects viewpoints of information, mutual aid, factor substitution using Tobit mediation effect models. The core conclusions are as follows: (1) There a significant positive correlation between abandoned farmland, that is, higher degree rural households, more likely it will be larger area farmland. (2) Aging has multi-level aggravate perspectives household head characteristics, family village characteristics. (3) Using model, increase due less use Internet, agricultural cooperatives, mechanization. conclusion provides basis for policy intervention, indicating improving digitalization modernization increasing subsidies effective way slow down land

Language: Английский

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Russian-Ukrainian war impacts on the environment. Evidence from the field on soil properties and remote sensing

The Science of The Total Environment, Journal Year: 2023, Volume and Issue: 902, P. 166122 - 166122

Published: Aug. 9, 2023

Language: Английский

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Caught off guard and beaten: The Ukraine war and food security in the Middle East

Frontiers in Nutrition, Journal Year: 2023, Volume and Issue: 10

Published: Feb. 21, 2023

The Ukraine war has led to a severe global food crisis due complex supply disruptions and price increases of agricultural inputs. Countries the Middle East have been directly affected because their high dependence on imports from Russia Ukraine. Furthermore, this comes at times baseline vulnerability compound impacts COVID-19, repeated shocks, weakened states political-economic difficulties. This paper provides detailed analysis food-related Eastern countries in wake war. It contextualizes varying region, highlights country-level response strategies. shows concerning deepened case highly exposed politically fragile with sectors; e.g., Lebanon, Sudan, Yemen. Political-economic instabilities, limited domestic agriculture, lack reliable grain reserves aggravated current some countries. At same time, indigenous short-term responses related regional aid cooperation emerged, particularly Gulf countries, which witnessed soaring revenues higher energy prices. Alongside more frameworks for collaboration security, future action mitigate such crises should include strengthening local sustainable storage capacities, procurement strategies international suppliers.

Language: Английский

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Countries’ vulnerability to food supply disruptions caused by the Russia–Ukraine war from a trade dependency perspective

Scientific Reports, Journal Year: 2023, Volume and Issue: 13(1)

Published: Oct. 3, 2023

Abstract Disruptions of key food and fertilizer exports from Russia Ukraine have exposed many countries to challenges accessing some commodities since these countries’ war began. We evaluated the short-term, external, direct impacts disruptions six three types supplies on access for all trading partners two by applying a set trade socioeconomic indicators. found that external 279 territories were affected varying degrees; 24 countries—especially Georgia, Armenia, Kazakhstan, Azerbaijan, Mongolia—are extremely vulnerable because they depend almost entirely variety imports Ukraine. Access fertilizers was in 136 territories, particularly Estonia (potassic fertilizer), Mongolia (nitrogenous fertilizers), Kazakhstan (mixed Brazil, United States, China, India (all fertilizers). An integrated assessment import types, purchasing power parity per capita, populations indicated Democratic Republic Congo, Ethiopia, Egypt, Pakistan are most such supply disruptions. Development research into diversification decentralization strategies is needed guide stable policies.

Language: Английский

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Price reaction of global economic indicators: evidence from the COVID-19 pandemic and the Russia–Ukraine conflict

SN Business & Economics, Journal Year: 2024, Volume and Issue: 4(1)

Published: Jan. 3, 2024

Language: Английский

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