🆕 Economic and Social Impacts and Policy Implications of the War in #Ukraine 🇺🇦:
#OECD calls for well targeted support to the vulnerable as war undermines global #recovery.
Read full press release⤵️
oe.cd/4nK
#OECD calls for well targeted support to the vulnerable as war undermines global #recovery.
Read full press release⤵️
oe.cd/4nK
Global economic #growth will be more than 1⃣ percentage point lower this year as a result of this #conflict.
#Inflation could be at least a further 2⃣.5⃣ percentage points higher on aggregate than it would otherwise have been.
👉🔎 oe.cd/4nK
#Inflation could be at least a further 2⃣.5⃣ percentage points higher on aggregate than it would otherwise have been.
👉🔎 oe.cd/4nK
#OECD calls for greater #EU solidarity in providing help to 🇺🇦 refugees:
Already some 3⃣ million people have fled #Ukraine with more waves of refugees expected in the weeks ahead.
This is far higher than in wake of the recent Syrian refugee crisis. 👇
oecd.org/economic-outlo…
Already some 3⃣ million people have fled #Ukraine with more waves of refugees expected in the weeks ahead.
This is far higher than in wake of the recent Syrian refugee crisis. 👇
oecd.org/economic-outlo…
⚡️#Energy #Ukraine
With Russia supplying around 1⃣6⃣% of the world’s natural #gas & 1⃣1⃣% of #oil, #energy prices have jumped alarmingly.
Gas spot prices in Europe are now more than 🔟times higher than a year ago & the cost of oil has nearly doubled 👇
oecd.org/economic-outlo…
With Russia supplying around 1⃣6⃣% of the world’s natural #gas & 1⃣1⃣% of #oil, #energy prices have jumped alarmingly.
Gas spot prices in Europe are now more than 🔟times higher than a year ago & the cost of oil has nearly doubled 👇
oecd.org/economic-outlo…
💰 #Commodity prices
#Russia & #Ukraine account for a 3⃣rd of global #wheat exports & are producers of #maize & #fertiliser - this risks rising food insecurity across the world.
↗️ #metals prices could affect aircraft, car & chip manufacturing &more.
🔎 oecd.org/economic-outlo…
#Russia & #Ukraine account for a 3⃣rd of global #wheat exports & are producers of #maize & #fertiliser - this risks rising food insecurity across the world.
↗️ #metals prices could affect aircraft, car & chip manufacturing &more.
🔎 oecd.org/economic-outlo…
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