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Russia-Ukraine crisis: Economic consequences on South Asia | Daily FT

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Daily Financial Times

While commodity producers and exporters will benefit from an economic shock sparked by the intensifying Russia-Ukraine conflict, South Asia’s growth in 2022 is likely to be hit as the region is a net importer of commodities The Russia-Ukraine crisis could put the brakes on a global and South Asian economic recovery from the COVID-19 pandemic. As a net importer of commodities, South Asian countries are vulnerable to soaring commodity prices, rising inflation, disruptions in supply chains and increasing poverty. Economic stabilisation and structural reforms could help to engineer a soft landing …

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