التضخم الركودي في ظل الأزمة الروسية الأوكرانية وأثره في الاقتصاد العالمي مع إشارة للعراق

RP-Stagflation in the context of the Russian-Ukrainian crisis and its impact on the global economy with reference to Iraq.pdf

Abstract
This research focused on knowing the phenomenon of stagflation in light of the Russian-Ukrainian crisis and its impact on the global economy with reference to Iraq. The research shows how the conflict has led to disruptions in global supply chains, rising energy and food prices, and declining levels of economic growth in many countries. The crisis has affected macroeconomic indicators (economic growth, inflation, unemployment, foreign trade, and public debt), food security, and energy prices for the world economy and Iraq. The research relied on the descriptive and analytical approach in terms of analyzing global and Iraqi economic data by analyzing data from relevant authorities. We addressed the analytical aspect of these indicators before the crisis for the period (2008-2020) and after the crisis for the period (2021-2024). The aim of this research is to analyze the phenomenon of stagflation in light of the Russian-Ukrainian crisis and shed light on its various effects on the global economy, focusing on its repercussions on the Iraqi economy. The research problem was represented by the extent to which the global and Iraqi economies were affected by the Russian-Ukrainian crisis, and was there stagflation during the crisis? In light of this, the thesis reached a set of conclusions and recommendations, which were as follows: The Russian-Ukrainian crisis caused multiple effects on global economies that were affected by the Covid-19 pandemic. The crisis has severely affected economies dependent on energy and wheat imports, such as Iraq, due to supply disruptions and high global prices. Oil-exporting countries such as Iraq have been positively affected by the increase in oil revenues, while energy-importing countries have suffered significant financial burdens. The letter reached a set of recommendations, which were as follows: The economy must diversify to reduce its dependence on oil revenues, reduce the economy’s exposure to global fluctuations, and invest in renewable energy sources to reduce dependence on oil and enhance economic sustainability.