The Economic Consequences of Political Factors: Energy, Finance, and Policies

Research Article
Open access

The Economic Consequences of Political Factors: Energy, Finance, and Policies

Hao Zeng 1*
  • 1 Macau university of science and technology    
  • *corresponding author zhprth2@sina.com
Published on 13 September 2023 | https://doi.org/10.54254/2754-1169/22/20230335
AEMPS Vol.22
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-915371-87-4
ISBN (Online): 978-1-915371-88-1

Abstract

It has been more than one year since the outbreak of the Russia-Ukraine conflict. In addition to the intense military actions on the surface, the confrontation between the parties in the economic field is equally intense. Taking the Russia-Ukraine conflict as an example, this paper is dedicated to illustrating the political impact from an economic perspective, to provide lessons for the optimization of political and economic decisions of the countries concerned. This paper contains two main aspects. The first is the impact of the Russia-Ukraine conflict on the energy market, financial market, etc. The second is to explore the impact of sanctions and counter-sanctions from both sides on Russia and the global economy. This article provides new insights into the impact of political factors on the economy by exploring the impact of the political event of the Russia-Ukraine conflict on the global economic and financial markets and even the international political and economic landscape. The paper concludes by suggesting that both sides in the conflict should remain calm and rational to avoid further escalation and deterioration of the situation.

Keywords:

Russia-Ukraine conflict, finance, energy, political economy

Zeng,H. (2023). The Economic Consequences of Political Factors: Energy, Finance, and Policies. Advances in Economics, Management and Political Sciences,22,388-396.
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References

[1]. Persson, T., &Fabellini, G. (2002). Political economics: explaining economic policy. MIT Press.

[2]. Drazen, A. (2000). Political economy in macroeconomics. Princeton University Press.

[3]. Campbell, P. (2019). Military autonomy: its origins, limits, and the politico-military dialectic of war. Defence Studies, 19(3), 277-296.

[4]. Tuna, F. (2022). A Political Assessment of The Effect of Russian-Ukrainian War on The Energy Markets. Journal of Financial Economics and Banking, 3(2), 73-76.

[5]. Chen, Y., Jiang, J., Wang, L., & Wang, R. (2023). Impact assessment of energy sanctions in geo-conflict: Russian-Ukrainian war. Energy Reports, 9, 3082-3095.

[6]. YuZhang.(2022).Yu Zhang: Rethinking the Russia-Ukraine Conflict from the Perspective of the Evolution of the Global Crude Oil Landscape. https://m.cn.investing.com/analysis/article-200475275?ampMode=1.

[7]. Mohammed, K. S., Usman, M., Ahmad, P., & Bulgamaa, U. (2022). Do all renewable energy stocks react to the war in Ukraine? Russo-Ukrainian conflict perspective. Environmental Science and Pollution Research, 1-12.

[8]. Mars Data Research Institute. (2022) Dreams shattered in Russia: $50 billion foreign capital flight in March, and more than 200 billion too late to transfer. https://zhuanlan.zhihu.com/p/500313689.

[9]. Trusin, C., Bertholdo, L., & Santanna, J. J, (2022). The Effect of the Russian-Ukrainian Conflict from the Perspective of Internet Exchanges. In: 2022 18th International Conference on Network and Service Management.Thessaloniki.pp.261-267.

[10]. Jin, S, (2022). Russian-Ukrainian War Affects Ruble and Dollar. In: 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022).Xi’an. pp.383-389.

[11]. Izzeldin, M., Muradoglu, G., Pappas, V., Petropoulou, A., & Sivaprasad, S. (2023). The impact of the Russian-Ukrainian war on global financial markets. International Review of Financial Analysis, 102598.

Cite this article

Zeng,H. (2023). The Economic Consequences of Political Factors: Energy, Finance, and Policies. Advances in Economics, Management and Political Sciences,22,388-396.

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About volume

Volume title: Proceedings of the 2023 International Conference on Management Research and Economic Development

ISBN：978-1-915371-87-4(Print) / 978-1-915371-88-1(Online)
Editor：Canh Thien Dang, Javier Cifuentes-Faura
Conference website: https://2023.icmred.org/
Conference date: 28 April 2023
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.22
ISSN：2754-1169(Print) / 2754-1177(Online)

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References

[1]. Persson, T., &Fabellini, G. (2002). Political economics: explaining economic policy. MIT Press.

[2]. Drazen, A. (2000). Political economy in macroeconomics. Princeton University Press.

[3]. Campbell, P. (2019). Military autonomy: its origins, limits, and the politico-military dialectic of war. Defence Studies, 19(3), 277-296.

[4]. Tuna, F. (2022). A Political Assessment of The Effect of Russian-Ukrainian War on The Energy Markets. Journal of Financial Economics and Banking, 3(2), 73-76.

[5]. Chen, Y., Jiang, J., Wang, L., & Wang, R. (2023). Impact assessment of energy sanctions in geo-conflict: Russian-Ukrainian war. Energy Reports, 9, 3082-3095.

[6]. YuZhang.(2022).Yu Zhang: Rethinking the Russia-Ukraine Conflict from the Perspective of the Evolution of the Global Crude Oil Landscape. https://m.cn.investing.com/analysis/article-200475275?ampMode=1.

[7]. Mohammed, K. S., Usman, M., Ahmad, P., & Bulgamaa, U. (2022). Do all renewable energy stocks react to the war in Ukraine? Russo-Ukrainian conflict perspective. Environmental Science and Pollution Research, 1-12.

[8]. Mars Data Research Institute. (2022) Dreams shattered in Russia: $50 billion foreign capital flight in March, and more than 200 billion too late to transfer. https://zhuanlan.zhihu.com/p/500313689.

[9]. Trusin, C., Bertholdo, L., & Santanna, J. J, (2022). The Effect of the Russian-Ukrainian Conflict from the Perspective of Internet Exchanges. In: 2022 18th International Conference on Network and Service Management.Thessaloniki.pp.261-267.

[10]. Jin, S, (2022). Russian-Ukrainian War Affects Ruble and Dollar. In: 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022).Xi’an. pp.383-389.

[11]. Izzeldin, M., Muradoglu, G., Pappas, V., Petropoulou, A., & Sivaprasad, S. (2023). The impact of the Russian-Ukrainian war on global financial markets. International Review of Financial Analysis, 102598.

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