Guest editorial: implications of the Russia–Ukraine conflict on the global financial markets

The Russia–Ukraine dispute – the most significant conflict in Europe since the Second World War – comes at a sensitive time for the world economy. It has shattered hopes of a global economic recovery from the ravages of COVID-19, at least in the short term. Since the World Health Organization (WHO) declared the COVID-19 outbreak as a public health emergency of international concern, the global economy has been straining under a range of burdens: surging inflation and unemployment rates, tangled global supply chains and tumbling financial markets (Batten et al., 2022; Boubaker et al., 2022; Choudhury et al., 2022; Liu et al., 2022).