Economic Consequences of the War for Business in Ukraine: Analysis, Challenges, and Perspectives

Olena H. Denysiuk, Kateryna Orlova

2022

Abstract

War is a complex social and economic phenomenon which causes tragedy due to irreparable human losses. Another implication of the war is a great damage to economy, which has its consequences in short-term, medium-term, and long-term perspectives. In order to overcome the war consequences, it is important to estimate, analyze and systematize the key impact for providing a comprehensive understanding of the state of the economy. The article contributes to such a holistic understanding as its purpose is to identify and to systemize the key economic consequences of the war in Ukraine. The authors systematized the key impact of the war for business in Ukraine according to the following spheres: business activity of economic entities, exchange rate, export, logistics, migration. It was defined that due to the scale of consequences and to the ongoing (at the moment of the article preparation) hostilities on the territory of Ukraine the state cannot overcome the damage on its own. This emphasizes the necessity of the international support. The key spheres of international support were examined according to the countries. The Ukraine state support programs were also revised in the article.

Paper Citation

in Harvard Style

H. Denysiuk O. and Orlova K. (2022). Economic Consequences of the War for Business in Ukraine: Analysis, Challenges, and Perspectives. In Proceedings of 10th International Conference on Monitoring, Modeling & Management of Emergent Economy - Volume 1: M3E2; ISBN 978-989-758-640-8, SciTePress, pages 90-101. DOI: 10.5220/0011931600003432

in Bibtex Style

@conference{m3e222,
author={Olena H. Denysiuk and Kateryna Orlova},
title={Economic Consequences of the War for Business in Ukraine: Analysis, Challenges, and Perspectives},
booktitle={Proceedings of 10th International Conference on Monitoring, Modeling & Management of Emergent Economy - Volume 1: M3E2},
year={2022},
pages={90-101},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011931600003432},
isbn={978-989-758-640-8},
}

in EndNote Style

TY - CONF

JO - Proceedings of 10th International Conference on Monitoring, Modeling & Management of Emergent Economy - Volume 1: M3E2
TI - Economic Consequences of the War for Business in Ukraine: Analysis, Challenges, and Perspectives
SN - 978-989-758-640-8
AU - H. Denysiuk O.
AU - Orlova K.
PY - 2022
SP - 90
EP - 101
DO - 10.5220/0011931600003432
PB - SciTePress