Economics

Energy and Economics: Impact of the Russian Invasion of Ukraine

Mar 28 2022
By Brittany Murray
Source Princeton School of Public and International Affairs

It’s been four weeks since Russia first invaded Ukraine, and the world is already beginning to see economic and energy impacts. Russia is one of the top three oil producers and the second leading natural gas producer in the world. What does this mean for the Western world?

In the latest installment of SPIA’s virtual webinar series, moderator Razia Iqbal of the BBC World Service discusses this with some of Princeton University’s economic and energy experts including:

  • Markus Brunnermeier, Edward S. Sanford Professor of Economics
  • Meg Jacobs, Senior Research Scholar, Lecturer in Public Affairs
  • Jesse Jenkins, Assistant Professor of Mechanical and Aerospace Engineering and the Andlinger Center for Energy and the Environment

Here's the video in case you missed it:

Below are some key statements made during the program:

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Meg jacobs quote

Jesse Jenkins quote