How much the war in Ukraine affects Romanians and how much of it is fake news: the panic over product prices

The paper analyses the economic impact that the war in Ukraine has on the Romanian economy and the way citizens have acted when faced with a high rise in product prices. By exploring people’s behaviour, the essay finds that people did not only exhibit normally expected reactions, such as decreasing...

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Main Author: Radu Gheorghe MAGDIN
Format: Article
Language:English
Published: Editura Institutul European Iasi 2022-06-01
Series:Polis: Revista de Stiinte Politice
Subjects:
Online Access:http://revistapolis.ro/documente/revista/2022/2(36)/9.%208%20R%20Magdin.pdf
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author Radu Gheorghe MAGDIN
author_facet Radu Gheorghe MAGDIN
author_sort Radu Gheorghe MAGDIN
collection DOAJ
description The paper analyses the economic impact that the war in Ukraine has on the Romanian economy and the way citizens have acted when faced with a high rise in product prices. By exploring people’s behaviour, the essay finds that people did not only exhibit normally expected reactions, such as decreasing private consumption, but their actions were influenced by the ample spread of fake news and led to mass panic, queuing and buying large quantities of certain products which were erroneously believed to experience a sudden and sharp increase in price. The paper then examines potential aspects explaining why Romanians become victims of price-related disinformation, such as historical aspects, past experiences, their media diet, low trust in institutions, and the malign narratives circulating in Romania’s informational space.
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spelling doaj.art-8a03bbd20cb143a68e0f002fbf2c94de2022-12-22T03:26:21ZengEditura Institutul European IasiPolis: Revista de Stiinte Politice2344-57501221-97622022-06-01X36111122How much the war in Ukraine affects Romanians and how much of it is fake news: the panic over product pricesRadu Gheorghe MAGDINThe paper analyses the economic impact that the war in Ukraine has on the Romanian economy and the way citizens have acted when faced with a high rise in product prices. By exploring people’s behaviour, the essay finds that people did not only exhibit normally expected reactions, such as decreasing private consumption, but their actions were influenced by the ample spread of fake news and led to mass panic, queuing and buying large quantities of certain products which were erroneously believed to experience a sudden and sharp increase in price. The paper then examines potential aspects explaining why Romanians become victims of price-related disinformation, such as historical aspects, past experiences, their media diet, low trust in institutions, and the malign narratives circulating in Romania’s informational space.http://revistapolis.ro/documente/revista/2022/2(36)/9.%208%20R%20Magdin.pdfromaniawarinflationpanicfake news
spellingShingle Radu Gheorghe MAGDIN
How much the war in Ukraine affects Romanians and how much of it is fake news: the panic over product prices
Polis: Revista de Stiinte Politice
romania
war
inflation
panic
fake news
title How much the war in Ukraine affects Romanians and how much of it is fake news: the panic over product prices
title_full How much the war in Ukraine affects Romanians and how much of it is fake news: the panic over product prices
title_fullStr How much the war in Ukraine affects Romanians and how much of it is fake news: the panic over product prices
title_full_unstemmed How much the war in Ukraine affects Romanians and how much of it is fake news: the panic over product prices
title_short How much the war in Ukraine affects Romanians and how much of it is fake news: the panic over product prices
title_sort how much the war in ukraine affects romanians and how much of it is fake news the panic over product prices
topic romania
war
inflation
panic
fake news
url http://revistapolis.ro/documente/revista/2022/2(36)/9.%208%20R%20Magdin.pdf
work_keys_str_mv AT radugheorghemagdin howmuchthewarinukraineaffectsromaniansandhowmuchofitisfakenewsthepanicoverproductprices