Navigating through Turbulence: the Influence of COVID-19 and Geopolitical Tensions on International Investment Trends

Xiaoyi Zhu

doi:10.54097/ajgjx139

Authors

Xiaoyi Zhu

DOI:

https://doi.org/10.54097/ajgjx139

Keywords:

COVID-19, geopolitical tensions, Russia-Ukraine conflict, investment trends.

Abstract

Contemporarily, the world has experienced significant upheaval marked by two major events, i.e., the COVID-19 pandemic and escalating geopolitical tensions exemplified by the Russia-Ukraine conflict. These crises have profoundly affected social structures, economies, and international relations across the globe. This study examines the profound effects on international investment patterns resulting from these two major crises. Initially, it analyzes the consequences of COVID-19, including the initial outbreak, governmental reactions, and its drastic impacts on the service and tourism sectors. The narrative also covers the stock market's downturn and recovery, along with adjustments in investment strategies due to the pandemic's economic challenges. The second part addresses the geopolitical tensions from the Russia-Ukraine conflict, summarizing its origins, immediate economic impacts on the involved nations, and broader effects on global economic stability. This section also examines shifts in international investment patterns. These results underscore the adaptive measures by investors and policymakers, highlighting the need for resilience and innovation in navigating these global crises.

Downloads

Download data is not yet available.

References

[1] Martinho V J P D. Impacts of the COVID-19 Pandemic and the Russia–Ukraine Conflict on Land Use Across the World. Land, 2022, 11(10): 1614.

[2] Al-Awadhi A M, Alsaifi K, Al-Awadhi A, et al. Death and Contagious Infectious Diseases: Impact of the COVID-19 Virus on Stock Market Returns. Journal of Behavioural and Experimental Finance, 2020, 27: 100326.

[3] Diallo A I, Faye A, Tine J A D, et al. Factors Associated With the Acceptability of Government Measures to Address COVID-19 in Senegal. Revue D’épidémiologie Et De Santé Publique, 2022, 70(3): 109-116.

[4] Ortmann R, Pelster M, Wengerek S T. COVID-19 and Investor Behavior. Finance Research Letters, 2020, 37: 101717.

[5] Meng X, Yu Y. Does the Russia-Ukraine Conflict Affect Gasoline Prices. Energy Economics, 2023, 128: 107113.

[6] Ando M, Hayakawa K. Impact of COVID-19 on Trade in Services. Japan and the World Economy, 2022, 62: 101131.

[7] Qiu Y, Chen X, Shi W. Impacts of Social and Economic Factors on the Transmission of Coronavirus Disease 2019 (COVID-19) in China. Journal of Population Economics, 2020, 33(4): 1127-1172.

[8] Petrikovičová L, Petrikovič J, Kurilenko V, et al. Impact of the Global COVID-19 Pandemic on the Slovak Economy (Tourism and Education). Journal of Education, Culture and Society, 2023, 14(2): 468-483.

[9] Niestadt M. COVID-19 and the tourism sector. EPRS: European Parliamentary Research Service, 2020. Belgium.

[10] Li C, Su C W, Altuntaş M, et al. COVID-19 and Stock Market Nexus: Evidence From Shanghai Stock Exchange. Ekonomska Istraživanja/Ekonomska IstražIvanja, 2021, 35(1): 2351-2364.

[11] United Nations Conference on Trade and Development. The COVID-19 Crisis: Accentuating the Need to Bridge Digital Divides UNCTAD, 2020, Retrieved from: https://unctad.org/system/files/official-document/dtlinf2020d1_en.pdf.

[12] Zhang X, Wu Z, He Q. A mini-review on how the COVID-19 pandemic affected intertemporal choice. 2023, 3.

[13] United Nations Conference on Trade and Development. COVID-19 Recovery a Chance to Remake Society for a Better Future. UNCTAD, 2022, Retrieved from: https://unctad.org/news/covid-19-recovery-chance-remake-society-better-future.

[14] United Nations Conference on Trade and Development. Impact of the Covid-19 Pandemic on Trade and Development: Lessons Learne. UNCTAD, 2022, Retrieved from: https://unctad.org/publication/impact-covid-19-pandemic-trade-and-development-lessons-learned.

[15] Masters J. Ukraine: Conflict at the Crossroads of Europe and Russia. Council on Foreign Relations, 2023, Retrieved from: www.cfr.org/backgrounder/ukraine-conflict-crossroads-europe-and-russia.

[16] United Nations Conference on Trade and Development. Shifting Investment Patterns: 5 Key FDI Trends and Their Impact on Development UNCTAD, 2024, Retrieved from: https://unctad.org/news/shifting-investment-patterns-5-key-fdi-trends-and-their-impact-development.

[17] Fang Y, Shao Z. The Russia-Ukraine Conflict and Volatility Risk of Commodity Markets. Finance Research Letters, 2022, 50: 103264.

[18] Ahmed S, Hasan M M, Kamal M R. Russia–Ukraine Crisis: The Effects on the European Stock Market. European Financial Management, 2022, 29(4): 1078-1118.