How is the Russia-Ukraine Conflict Driving Global Macroeconomic Shifts? - ERP Spain.com - España y América Latina

As global economic conditions were gradually normalizing in 2022, the Russia-Ukraine conflict in February disrupted global trade and fragile supply chains. It unleashed new-found volatility in global commodity prices, fanning inflationary pressures and undermining global growth prospects. Uncertainty regarding the longevity of sanctions on Russia, resulting in input shortages and higher logistics costs, has created a challenging environment for businesses. Against this backdrop, the think tank aims to shed light on the economic implications of the conflict on 2022 GDP growth, inflation, and energy market dynamics that can help businesses navigate short-term uncertainties. Based on a thorough assessment of global macroeconomic conditions, the discussion will cull out real-time insights into supply chain optimization strategies and medium-term trade reorientation and policy priorities that businesses can leverage to insulate from the current crisis and future geopolitical shocks.