International relations: does economics contribute to peace? With international tensions running high, Claude Revel argues in her Preface for “La Revue Diplomatique” that this is by no means a given. She calls for a return to politics and diplomacy to create a more peaceful world.
With inflation close to 10% and growth slowing, the British economy is dangerously close to recession. But the recent health crisis and Russia's invasion of Ukraine are only multipliers of economic damages already produced by Brexit. The lack of coherence in the policy mix implemented by Liz Truss' government and the lack of credibility of the stimulus plan are sending negative signals the markets. How can the UK government respond to record inflation, slowing growth, low business investment and the depreciation of the pound?
The invasion of Ukraine by Russian armed forces since 24 February 2022 has brought a human and humanitarian disaster, having already caused several thousand deaths and pushed millions of refugees on the road to exile. While the economic consequences of this war on European soil appear to be of secondary concern right now, this article nevertheless seeks to identify some of the possible short-term effects, based on the academic literature currently available.
