Is Russia’s war economy sustainable or is it heading for disaster?
Thursday, 21 November 2024 ()
Russia’s economy is showing cracks as the country struggles to sustain its military operations in Ukraine. Officially, Russia’s GDP grew by 3.6% in 2023, with similar growth expected this year. However, this economic performance hides deeper problems caused by skyrocketing military spending, weapon production bottlenecks, and a labor market stretched to its limits. As the […]
Russia’s economy is showing cracks as the country struggles to sustain its military operations in Ukraine. Officially, Russia’s GDP grew by 3.6% in 2023, with similar growth expected this year. However, this economic performance hides deeper problems caused by skyrocketing military spending, weapon production bottlenecks, and a labor market stretched to its limits. As the […]
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