The Limited Times

(m+) Consequences of the war: The new world order of the economy

3/22/2022, 9:52:03 AM


The Ukraine war marks a new phase in globalization. While political power will be centralized in two blocs in the future, economic power will fragment. With consequences for companies and economies.

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Fleeing their homeland:

Ukrainian civilians leave Irpin, near Kiev, in early March

Photo: Marcus Yam/Polaris/laif / Los Angeles Times / Polaris/laif

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