Analysis of the impact of macroeconomic turmoil (COVID-19 and RUW) on Ukrainian agroholdings
Open access
Date
2024Type
- Journal Article
ETH Bibliography
yes
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Abstract
This paper examines the impact of the macroeconomic turmoil, in particular the COVID-19 pandemic and the Russian- Ukrainian war (RUW) in Ukraine, on Ukrainian agroholdings. Before the full-scale Russian invasion, Ukraine was a major global exporter of agricultural commodities, playing a crucial role in global food security and contributing significantly to the national economy. However, the outbreak of war in Ukraine brought with it unprecedented challenges such as loss of assets, damage to infrastructure, labour shortages and more. Despite these adversities, the Ukrainian agricultural sector remains resilient, attracting investment and maintaining its global presence in agriculture. This study aims to comprehensively analyse the resilience and vulnerability of Ukrainian agroholdings before and after these shocks. Our analysis shows different responses to the pandemic and war shocks, with agroholdings being resilient during the first shock but suffering significant setbacks during the second shock. These results underline the crucial role of the Ukrainian agricultural sector and provide valuable insights into its adaptability under turbulent macroeconomic conditions. Show more
Permanent link
https://doi.org/10.3929/ethz-b-000695093Publication status
publishedExternal links
Journal / series
Studies in Agricultural EconomicsVolume
Pages / Article No.
Publisher
Institute of Agricultural EconomicsSubject
adoption; Africa; agriculture; Central and Eastern Europe; Climat change; Common agricultural policy; competitiveness; consumer behavior; consumer preferences; Covid-19; digitalisation; economic growth; elasticity; European integration; European unionMore
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ETH Bibliography
yes
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