The Market Impact of Wartime Political Rhetoric by Maksym Filatov, Edoardo Pagliarin

The Market Impact of Wartime Political Rhetoric: Voices of the Russian-Ukrainian War offers a striking new account of how political speeches became an economic force during the first year of the Russian-Ukrainian war. Focusing on 2022, it shows how public addresses by Vladimir Putin and Volodymyr Zelensky influenced energy markets, investor expectations, inflation, and currency stability across a deeply interconnected global economy.

This book draws on forty major wartime speeches and a rigorous analysis of market reactions, the book traces how rhetoric moved beyond propaganda and became a real driver of financial behavior. It examines the impact of these speeches on leading U.S. oil and gas companies, while also exploring their wider effects on the Russian ruble, the Ukrainian hryvnia, and inflationary pressures in Russia, Ukraine, and the United States. Timely, original, and highly relevant, this study reveals how political language can shape economic outcomes in moments of extreme geopolitical crisis. By bringing together war, diplomacy, and financial markets, it offers a fresh perspective on the power of rhetoric in the contemporary international order.

The Market Impact of Wartime Political Rhetoric: Voices of the Russian-Ukrainian War will appeal to students, scholars, and readers interested in Europe, North America, international politics, energy security, and the economic effects of war.