SDA Professor of Strategic and Entrepreneurial Management
The recent political, social and military crisis in Ukraine had a huge impact on the economic environment in Ukraine and in Russia and in global markets. Russian Ruble plunged, Russian stock prices went down, the price of gold started climbing back as a response to the war rumors, the energy prices started rising. In the interconnected economies, the issues at stake regard the mutual trade and investment relations, among all the issue of oil and natural gas (see Figure 1).
The growing uncertainty at the Europe’s South-East once again brought up the issue of risks associated to doing business in emerging markets and the main differences in business contexts in “developed” and “emerging” economies: the institutional context.