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Home Browse 2024 - Volume 126 Volume 126 - Issue 2

Analysis of the impact of macroeconomic turmoil (COVID-19 and RUW) on Ukrainian agroholdings

byNEHREY, Maryna,KLYMENKO, Nataliia,KAMINSKYI, AndriiandTARANENKO, Andrii
  • Year 2024
  • Volume 126
  • Issue 2
  • Pages 66-74

This paper examines the impact of the macroeconomic turmoil, in particular the COVID-19 pandemic and the Russian-Ukrainian war (RUW) in Ukraine, on Ukrainian agroholdings. Before the full-scale Russian invasion, Ukraine was a major global exporter of agricultural commodities, playing a crucial role in global food security and contributing significantly to the national economy. However, the outbreak of war in Ukraine brought with it unprecedented challenges such as loss of assets, damage to infrastructure, labour shortages and more. Despite these adversities, the Ukrainian agricultural sector remains resilient, attracting investment and maintaining its global presence in agriculture. This study aims to comprehensively analyse the resilience and vulnerability of Ukrainian agroholdings before and after these shocks. Our analysis shows different responses to the pandemic and war shocks, with agroholdings being resilient during the first shock but suffering significant setbacks during the second shock. These results underline the crucial role of the Ukrainian agricultural sector and provide valuable insights into its adaptability under turbulent macroeconomic conditions.

Tags: agroholdingsCovid-19riskrisk assessmentRussian-Ukrainian warshockUkraine
  • https://doi.org/10.7896/j.2846
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  • Scopus SJR (2024): 0.37
  • Scopus CiteScore (2024): 2.5
  • WoS Journal Impact Factor (2024): 1.0
  • WoS 5 year Impact Factor (2024): 1.2
  • ISSN (electronic): 2063-0476
  • ISSN-L 1418-2106

 

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Publisher Name: Institute of Agricultural Economics Nonprofit Kft. (AKI)

Publisher Headquarters: Zsil utca 3-5, 1093-Budapest, Hungary

Name of Responsible Person for Publishing:        Dr. Pal Goda

Name of Responsible Person for Editing:             Dr. Attila Jambor

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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

The publication cost of the journal is supported by the Hungarian Academy of Sciences.

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Keywords

adoption (6) agri-food trade (4) agricultural exports (3) agricultural policy (3) agriculture (13) AKIS (4) Albania (4) CAP (4) Central and Eastern Europe (3) climate change (7) Common Agricultural Policy (3) competitiveness (5) consumer behaviour (3) consumer preferences (4) Covid-19 (6) dairy sector (3) digitalisation (4) economic growth (3) elasticity (3) European Union (8) FADN (3) family farms (4) farm income (3) farm performance (3) food security (6) Hungary (5) impact evaluation (4) innovation (4) Kosovo (3) LEADER (4) off-farm income (4) participation (3) policy (4) price transmission (3) profitability (4) resilience (3) risk management (3) rural areas (4) rural development (13) social capital (3) sustainability (8) sustainable agriculture (4) sustainable development (4) technical efficiency (6) Ukraine (4)
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