Publications
An important goal of the ifo Institute is to make its scientific findings, analyses, survey results, and statements accessible to as many people as possible. We therefore offer a wide range of publications for different target groups with the aim of stimulating economic policy debate. Here, our own authors as well as members of the ifo’s wider networks and other experts have the opportunity to publish relevant findings and debate them publicly.
ifo Viewpoint 234: Economic Consequences of the Russian Invasion of Ukraine
The war in Ukraine is not only a military and geopolitical turning point. It is also changing the economic situation. This affects both the short-term economic trend and the medium-term prospects for growth and prosperity. The previously expected economic recovery will be weakened. There is a threat of stagflation, i.e., a combination of weak growth and high inflation. Monetary policy faces a dilemma: while interest rate hikes can curb inflation, they would further dampen growth.