How the crisis in Ukraine is affecting the global economy

Prices on a fuel pump.

The war in Ukraine and sanctions on Russia have caused oil prices to soar. Image: UNSPLASH/Rock Staar

Alfred Kammer
Director, European Department, IMF
Jihad Azour
Director of the Middle East and Central Asia Department, International Monetary Fund
Abebe Aemro Selassie
Director, African Department, International Monetary Fund
Ilan Goldfajn
Director of the International Monetary Fund, in charge of the Western Hemisphere Department
Changyong Rhee
Director, Asia and Pacific Department of the International Monetary Fund
Our Impact
The Big Picture
Explore and monitor how Geopolitics is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:


Graphs showing the growing pressures on the global economy.
Prices for energy, grains and metals soar as the conflict in Ukraine continues. Image: IMF

Have you read?
Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
GeopoliticsInternational SecurityUkraineRussian Federation
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.


SDIM 2023 - Building Sustainable Trust in a Fragmenting World - English

Chido Munyati

September 14, 2023

About Us



Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2023 World Economic Forum