Analysis on the Impact of the Russia-Ukraine War on Russia

Abstract

The Russia-Ukraine war has been the headline of the news since 2022. There are enough research and reviews to explain the historical conflicts between Russia and Ukraine. The research is to assess the potential impact on Russia in the times of the Russia-Ukraine war before understanding in different causes of the war. The global financial restrictions on Russia have already impacted its economy greatly. With the sanctions from USA, UK, and EU, Russia reacted back by restricting their energy exporting to these countries. This led to a surge in inflation for these countries, which rippled the rest of the countries. With many countries negatively influenced by the war and the sanction, the study is meant to explain the rationale behind the war and examine the cost for Russia. Using empirical analysis and secondary research, the reason was oriented in the historical problem between Russia and Ukraine although there are other modern political reasons that would mention as well. The report concluded that Russia is negatively impacted because of different types of sanctions from many countries while Russias core and rare natural resources allow it to be resilient in the war.