Year: 2026
Type: article
Abstract: IntroductionIn April 2025, international markets were shaken by a significant crash following the announcement of US tariffs on April 2.Although recent years have seen an increase in geopolitical risk in capital markets (Caldara and Iacoviello, 2022), the Geopolitical Risk Index, largely due to armed conflicts, in the first half of 2025, US trade policy caused turmoil in the international political arena and, with it, in the money and capital markets.
Source: Journal of Economic Integration
DOI: 10.11130/jei.2026005
Authors: Szabolcs Grébel, Tamás Pesuth
Institutions: Seoul National University, Corvinus University of Budapest
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W7165160765
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