“The Ukraine conflict is likely to reverse gains in Russia and Eurasia, which recorded the largest improvement on the GTI in 2021,” the report produced by the Institute for Economics and Peace (IEP) said.
IEP founder and chairman Steve Killelea warned, however, that there is a risk that the global fight against terrorism could be “sidelined” by the attention drawn by the crisis in Ukraine.
Last Thursday, Russia launched a special operation to "denazify" Ukraine, responding to calls from the breakaway republics of Donetsk and Lugansk. The Russian Defence Ministry said the special operation was targeting Ukrainian military infrastructure only.
The move has elicited condemnation from Western leaders and the start of more sanctions against Russia.