world financial markets have not broken sweat since the Russian escalation – why?
- Written by Daniele Bianchi, Associate Professor of Finance, Queen Mary University of London
The economic consequences of armed conflicts have received widespread attention at least as far back as when John Meynard Keynes wrote about them in 1919 in relation to the first world war. Yet as the world braces for a possible war in Ukraine, we still know relatively little about the interplay between conflicts and financial markets.
One thing we...
