Before Russia's invasion of Ukraine, the Ukrainian government already faced a projected budget deficit of 3.5 percent of GDP for 2022. Now, it must pay for budgetary items it never intended to spend, such as increasing wages for the military, buying weapons, and providing unemployment insurance in an economy that has ground to a halt.

SOURCE: "There Is No Time to Spare: Multilateral and Bilateral Economic Support to Ukraine" by CSIS's Romina Bandura.

Russia’s war on Ukraine has created one of the worst energy shocks since the 1970s. However, even before the conflict, the oil market was sending strong signals that more supply was needed. The shale patch was set for a rebound and most analysts expected U.S. crude production would grow by somewhere between 760,000 barrels per day (b/d) and 1 million b/d this year.

SOURCE: "Call Houston and Wall Street for an Emergency Summit" by CSIS's Ben Cahill.

CSIS analysis of data on conflict termination since 1946 indicates that the window of opportunity to end the violence and find an offramp from the escalating crisis in Ukraine will shrink after the first 30 days. The longer the war lasts, the more likely it is to escalate into a protracted conflict.

SOURCE: "How Does It End? What Past Wars Tell Us about How to Save Ukraine" by CSIS's Benjamin Jensen.

Studies show that U.S. domestic divides extend beyond partisan politics and citizens see foreign policy through lenses that differ greatly depending on socio-economic status, age, rural versus urban location, and race. However, a February 2021 Pew Research Center survey shows that Americans are united in at least one opinion—87 percent of Americans think it is important for the United States to be respected abroad.

SOURCE: "Global Security Forum 2021" by CSIS's Erol Yayboke, Emily Harding, Catherine Nzuki, and Sierra Ballard.