The period from 1980 onwards is referred to as the phase of globalization and liberalization. This phase is also associated with financialization and wars for hegemonic control over global resources. All these developments during this period need to be understood in terms of capital's renewed...

This report assesses the immediate impact of Russia’s war against the people of Ukraine on global financial markets, and the continuing potential for spillovers into those markets. While the war has not yet caused a number of existing vulnerabilities to fully crystallise, high levels of...

On February 24, 2022, Russia invaded Ukraine. In this paper, we analyze the response of European and worldwide stock markets and a representative sample of commodities to this event and compare it against the recent Covid-19 pandemic and the not-too-distant 2008 global financial crisis. We...