The economic consequences of the military conflict in Ukraine for the European Union and China
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Дата
2025
Автори
Науковий керівник
Назва журналу
Номер ISSN
Назва тому
Видавець
КПІ ім. Ігоря Сікорського
Анотація
The study provides a comprehensive analysis of the economic consequences of the war in Ukraine, which began on 24 Feb- ruary 2022, for the European Union and the People’s Republic of China – two leading players in the modern global economy. The armed conflict has caused a systemic economic shock, manifesting itself in the form of an energy crisis, increased inflation- ary pressure and destabilisation of global supply chains. These effects are asymmetrical: for the EU, the war has led to a sharp rise in energy prices, a slowdown in economic growth and increased social tensions, while China, benefiting from imports of cheap Russian resources, is at the same time facing restrictions in international trade and technology exchange. The review of scientific literature covers sources from international organisations (in particular the IMF and the OECD), academic publications presented on the ScienceDirect and Frontiers platforms, analytical reports from leading research centres (such as RAND and CFR), as well as statistical data from Eurostat and the National Bureau of Statistics of China. These sources provide a thorough overview of the macroeconomic, energy and trade aspects of the war’s impact, but do not sufficiently address the long-term economic prospects for the countries and regions concerned. The aim of the study is to systematically examine the economic impact of a full-scale conflict, taking into account energy, macroeconomic and geopolitical dimensions, highlighting the specifics of adaptation and levels of economic resilience in the European Union and China. The results of the comparative analysis reveal common trends in the diversification of energy sources and trade routes, while highlighting significant differences: the EU faces high economic costs, while China demonstrates relative flexibility in its geo-economic positioning. The study concludes that it is advisable to implement economic adaptation strategies that include diversification of energy sources, ensuring technological sovereignty and deepening international cooperation as key conditions for mitigating the consequences of military conflict and ensuring the sustainable development of the global economy
Опис
Ключові слова
геоекономіка, енергетика, торгівля, технології, фрагментація, інфляція, інвестиції, ризики, geoeconomics, energy, trade, technology, fragmentation, inflation, investment, risks
Бібліографічний опис
Semenchenko, N. The economic consequences of the military conflict in Ukraine for the European Union and China / Semenchenko Nataliia // Економічний вісник НТУУ «КПІ» : збірник наукових праць. – 2025. – № 33. – C. 26-32. – Бібліогр.: 29 назв.