Analysis and Modeling of Globalization Processes in the Period of Crisis: The Impact of Military Actions in Ukraine on World Financial Markets

Hanna Danylchuk, Liubov Kibalnyk, Oksana Kovtun, Oleg Pursky, Yevhenii Kyryliuk, Olena Kravchenko

2022

Abstract

This research is applied. The article attempts to model and analyze the impact of the war in Ukraine on the world’s globalization processes. This topic is relevant, but still little researched. Using the wavelet entropy method, models were built for the markets of natural gas, oil, gasoline, currency pairs EUR/USD, GBP/USD. Wavelet entropy is an indicator-precursor of crisis phenomena. The obtained results allow us to conclude that the war in Ukraine is a factor of crises in the studied markets and a factor that led to the reformatting of the world economic space.

Paper Citation

in Harvard Style

Danylchuk H., Kibalnyk L., Kovtun O., Pursky O., Kyryliuk Y. and Kravchenko O. (2022). Analysis and Modeling of Globalization Processes in the Period of Crisis: The Impact of Military Actions in Ukraine on World Financial Markets. In Proceedings of 10th International Conference on Monitoring, Modeling & Management of Emergent Economy - Volume 1: M3E2; ISBN 978-989-758-640-8, SciTePress, pages 176-184. DOI: 10.5220/0011932400003432

in Bibtex Style

@conference{m3e222,
author={Hanna Danylchuk and Liubov Kibalnyk and Oksana Kovtun and Oleg Pursky and Yevhenii Kyryliuk and Olena Kravchenko},
title={Analysis and Modeling of Globalization Processes in the Period of Crisis: The Impact of Military Actions in Ukraine on World Financial Markets},
booktitle={Proceedings of 10th International Conference on Monitoring, Modeling & Management of Emergent Economy - Volume 1: M3E2},
year={2022},
pages={176-184},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011932400003432},
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 - Analysis and Modeling of Globalization Processes in the Period of Crisis: The Impact of Military Actions in Ukraine on World Financial Markets
SN - 978-989-758-640-8
AU - Danylchuk H.
AU - Kibalnyk L.
AU - Kovtun O.
AU - Pursky O.
AU - Kyryliuk Y.
AU - Kravchenko O.
PY - 2022
SP - 176
EP - 184
DO - 10.5220/0011932400003432
PB - SciTePress