Fake news in the socio-economic environment in the context of the war in Ukraine

  • Author: Diana Micevičienė
  • Institution: Panevėžio kolegija/State Higher Education Institution, Lithuania
  • Author: Kara Lina Guokė
  • Institution: Panevėžio kolegija/State Higher Education Institution, Lithuania
  • Author: Jan Rajchel
  • Institution: University of Siedlce
  • ORCID: https://orcid.org/0000-0001-7248-3863
  • Year of publication: 2024
  • Source: Show
  • Pages: 97-104
  • DOI Address: https://doi.org/10.15804/CEJSS.2024109
  • PDF: cejss/2-1/cejss24109.pdf

The war in Ukraine has significantly amplified the impact of fake news, particularly within the socio-economic environment. This misinformation has the potential to exacerbate tensions, manipulate public opinion, and destabilize societies by exploiting the geopolitical complexities and various interests surrounding the conflict. Economic stability, investor confidence, and consumer behavior are especially vulnerable to the influence of false reports, which can provoke market volatility and economic uncertainty. For example, in the energy sector, Ukraine’s role as a key transit route for Russian natural gas to Europe makes it a prime target for fake news, leading to speculation and price spikes that affect global markets. Misinformation also undermines public trust in economic policies and government actions, potentially polarizing society and obstructing essential reforms. Furthermore, fake news complicates international aid and humanitarian efforts by misrepresenting the crisis and hindering effective responses. Addressing in article this issue demands a multi-faceted strategy, including media literacy programs, regulatory measures, technological solutions, and transparent communication channels to ensure reliable information dissemination. Ultimately, combating fake news is crucial for maintaining stability, fostering trust, and supporting peace and prosperity in the region amidst ongoing conflict.

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