The Economic Consequences of the Ukraine War: Past and Present


Location: Rome Global Gateway

Rome Gg Ukraine Event X700

Please note that this event takes place at 6:30 a.m (EST) / 12:30 p.m. (CEST).

The war in Ukraine has been going on for over a month. We see daily reports in the media of deaths, injuries, and enormous destruction. The economic consequences affect a large part of the world, starting with Europe: energy prices are rising rapidly, sanctions imposed on Russia damage trade, millions of refugees are arriving in host countries, inflation is on the rise, future gas supplies are in jeopardy, new military spending is brewing, and all of this comes after two years of the global pandemic. It is a worrying situation: Russia is an atomic power and there is the risk of a nuclear conflict that would affect all states in the world, starting with the United States. 

During this lecture, Filippo Sbrana will present a summary of these events, describe the economic and social consequences of the crisis, and consider the historical elements that allow us to better understand what is happening.

Sbrana (Milan, 1973), Ph.D., is assistant professor of Economic History at the University for Foreigners of Perugia in Italy. He is the author of three books and about twenty articles and contributions to collective books, editor of two special numbers of scientific journals. The latest essay to be accepted for publication is “Nothing develops like development.” Banks, economic development, international expansion of Italy, forthcoming in “Journal of European Economic History.”


Ukraine Aprile 12


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