The Economic crisis in light of the Russian-Ukrainian war between damage and gain and its impact on the economic situation in Egypt

The aim of the research is to study the effect of the Russian-Ukrainian crisis, which began on February 24, 2022, on the Egyptian economy. Using the quantitative analytical approach and analyzing the data of international trade and the prices of food and energy, a set of results were reached, the most important of which is that the crisis will have significant negative effects on the Egyptian economy, especially in the field of food, energy and tourism. The crisis will lead to an increase in the budget deficit and trade balance deficit and a depreciation of Currency, high inflation, high cost of living. The study recommends the necessity of expanding the cultivation of wheat locally, diversifying the sources of supply, and expanding the use of natural gas instead of petroleum products.‎

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Publication Details

Journal
Journal of Environmental Science
Published
2024-10-17
DOI
https://doi.org/10.21608/jes.2024.301374.1815
Citations
1
Primary Topic
Economic Issues in Ukraine
Type
article
Field-Weighted Citation Impact
0.83
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article

The Economic crisis in light of the Russian-Ukrainian war between damage and gain and its impact on the economic situation in Egypt

Ahmed Abdalla Manssour
1 citations
Journal of Environmental Science
Economic Issues in Ukraine
0.83
article

The Economic crisis in light of the Russian-Ukrainian war between damage and gain and its impact on the economic situation in Egypt

Ahmed Abdalla Manssour
article en
1 citations

Abstract

The aim of the research is to study the effect of the Russian-Ukrainian crisis, which began on February 24, 2022, on the Egyptian economy. Using the quantitative analytical approach and analyzing the data of international trade and the prices of food and energy, a set of results were reached, the most important of which is that the crisis will have significant negative effects on the Egyptian economy, especially in the field of food, energy and tourism. The crisis will lead to an increase in the budget deficit and trade balance deficit and a depreciation of Currency, high inflation, high cost of living. The study recommends the necessity of expanding the cultivation of wheat locally, diversifying the sources of supply, and expanding the use of natural gas instead of petroleum products.‎

Journal of Environmental ScienceVol. 0(0)
Ain Shams University (EG)
Openalex Percentile: Top 22%
Economic Issues in Ukraine
0.83
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