The Impact Of The RUSSIA-UKRAINE Conflict On THAILAND’S Economy In 2022

บทคัดย่อ

The global economy is unpleasantly affected by numerous determinants at present. Besides, the COVID-19 pandemic, one of the main factors is the Russia-Ukraine war including international sanctions of several countries against the Russian Federation. Definitely, the Kingdom of Thailand is also directly and indirectly affected. This paper examines comparison of information, data, statistic and forecast from the number of researches from Thailand and international countries in the period of before the conflict of Russia and Ukraine with those during the conflict. Russia’s war in Ukraine is likely to be continuing, it causes higher prices of energy, commodities and food. It affects to the economy in Thailand with decreasing economy growth, higher inflation, sensitive Thailand’s imports and exports, quiet tourism industry, supply chain disruption and weak Thai currency. The terrible effects reach the poor consequence to the Kingdom of Thailand and worldwide.