The reality and prospects of the new global economy in light of the repercussions of the Russian and Ukrainian war - an analytical study during the period 2020-2024

Abstract

The research focus of the Russian and Ukrainian war on the world economy by presenting realities and prospects in the current changes.  After addressing Russia and Ukraine's economic status and that of the world, as one of the most serious repercussions of this new crisis,  it will hinder and damage the growth and development of the global economic wheel, and increase the inflation rate that some European  countries have begun to experience. This poses problems to the world economy which will identified. The study relies on the  descriptive and analytical approach through the theoretical aspect of the world economy and the Russia-Ukraine War. Besides, the  applied aspect through an analytical study, where the study ultimately found that the conflict’s results were passed on to the rest of the  world. The impact has gone beyond to include a change in international alliances and political forces and a change in the map of  international trade. Perhaps the positive impact is in activating communication in an integrated manner through visual communication  (virtual communication), trade via e-mail and personal delivery