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The Ukraine war’s impact on developing countries
Dollar & Sense: The Brookings Trade Podcast
How Will the Ukraine War Affect the World?
The price of food and energy will be the most immediate source of pain for developing countries. But this will hurt poorer countries more than others, right? The first is that ukraine and russia are big part of this global grain oils, of fuel and fertilizer markets. Because food and fuel tend to be larger shares of the budgets of poorer people,. This is going to affect poor countries more than rich countries.
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