The economic and financial effects on Latin America and the Caribbean of the conflict between the Russian Federation and Ukraine
The conflict between the Russian Federation and Ukraine has come at a time of great uncertainty in the world, relating to several factors: uneven rates of vaccination against coronavirus disease (COVID-19) and new variants of the virus; inflationary pressure and difficulty in maintaining fiscal stim...
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cepal-11362-47832 The economic and financial effects on Latin America and the Caribbean of the conflict between the Russian Federation and Ukraine Bárcena Ibarra, Alicia CONFLICTOS ARMADOS ASPECTOS ECONOMICOS CONDICIONES ECONOMICAS COMERCIO INTERNACIONAL PRECIOS MATERIAS PRIMAS EXPORTACIONES IMPORTACIONES MOVIMIENTOS DE CAPITAL INFLACION MACROECONOMIA INCERTIDUMBRE ARMED CONFLICTS ECONOMIC ASPECTS ECONOMIC CONDITIONS INTERNATIONAL TRADE PRICES RAW MATERIALS EXPORTS IMPORTS CAPITAL MOVEMENTS INFLATION MACROECONOMICS UNCERTAINTY The conflict between the Russian Federation and Ukraine has come at a time of great uncertainty in the world, relating to several factors: uneven rates of vaccination against coronavirus disease (COVID-19) and new variants of the virus; inflationary pressure and difficulty in maintaining fiscal stimulus packages; trade tensions and risks in the Chinese real estate sector; disruption of supply chains and rises in freight charges; and extreme events caused by climate change. The conflict will have an impact on the economies of Latin America and the Caribbean through several channels, but primarily the trade channel (with direct and indirect effects), the commodity price channel (including terms of trade and inflation issues) and the financial channel. A. Three channels that transmit the impact of the conflict to the region. 1. Trade channel. 2. Pricing channel. 3. Financial channel .-- B. Macroeconomic effects. 1. Inflation and monetary policy. 2. Fiscal policy. 3. Economic activity, employment and poverty .-- C. Proposals amid a worsening context marked by uncertainty and volatility. 2022-04-07T14:55:37Z 2022-04-07T14:55:37Z 2022-04-07 Texto Documento Completo https://hdl.handle.net/11362/47832 en .pdf application/pdf AMERICA LATINA Y EL CARIBE FEDERACION DE RUSIA UCRANIA LATIN AMERICA AND THE CARIBBEAN RUSSIAN FEDERATION UKRAINE ECLAC |
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Bárcena Ibarra, Alicia |
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Bárcena Ibarra, Alicia The economic and financial effects on Latin America and the Caribbean of the conflict between the Russian Federation and Ukraine CONFLICTOS ARMADOS ASPECTOS ECONOMICOS CONDICIONES ECONOMICAS COMERCIO INTERNACIONAL PRECIOS MATERIAS PRIMAS EXPORTACIONES IMPORTACIONES MOVIMIENTOS DE CAPITAL INFLACION MACROECONOMIA INCERTIDUMBRE ARMED CONFLICTS ECONOMIC ASPECTS ECONOMIC CONDITIONS INTERNATIONAL TRADE PRICES RAW MATERIALS EXPORTS IMPORTS CAPITAL MOVEMENTS INFLATION MACROECONOMICS UNCERTAINTY |
author_facet |
Bárcena Ibarra, Alicia |
title |
The economic and financial effects on Latin America and the Caribbean of the conflict between the Russian Federation and Ukraine |
title_short |
The economic and financial effects on Latin America and the Caribbean of the conflict between the Russian Federation and Ukraine |
title_full |
The economic and financial effects on Latin America and the Caribbean of the conflict between the Russian Federation and Ukraine |
title_fullStr |
The economic and financial effects on Latin America and the Caribbean of the conflict between the Russian Federation and Ukraine |
title_full_unstemmed |
The economic and financial effects on Latin America and the Caribbean of the conflict between the Russian Federation and Ukraine |
title_sort |
economic and financial effects on latin america and the caribbean of the conflict between the russian federation and ukraine |
topic |
CONFLICTOS ARMADOS ASPECTOS ECONOMICOS CONDICIONES ECONOMICAS COMERCIO INTERNACIONAL PRECIOS MATERIAS PRIMAS EXPORTACIONES IMPORTACIONES MOVIMIENTOS DE CAPITAL INFLACION MACROECONOMIA INCERTIDUMBRE ARMED CONFLICTS ECONOMIC ASPECTS ECONOMIC CONDITIONS INTERNATIONAL TRADE PRICES RAW MATERIALS EXPORTS IMPORTS CAPITAL MOVEMENTS INFLATION MACROECONOMICS UNCERTAINTY |
description |
The conflict between the Russian Federation and Ukraine has come at a time of great uncertainty in the world, relating to several factors: uneven rates of vaccination against coronavirus disease (COVID-19) and new variants of the virus; inflationary pressure and difficulty in maintaining fiscal stimulus packages; trade tensions and risks in the Chinese real estate sector; disruption of supply chains and rises in freight charges; and extreme events caused by climate change.
The conflict will have an impact on the economies of Latin America and the Caribbean through several channels, but primarily the trade channel (with direct and indirect effects), the commodity price channel (including terms of trade and inflation issues) and the financial channel. |
publisher |
ECLAC |
publishDate |
2022 |
url |
https://hdl.handle.net/11362/47832 |
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1764119011545579520 |