War in Ukraine: How Does the Russian Economy Stand?
Articles from Politique Etrangère
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The Russian economy is weathering the war and Western sanctions: it has maintained its exports, its business sector has shown marked dynamism, and the population is managing in part thanks to state spending.
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The fact remains that in the long term this economy may risk going into real decline, as a consequence of isolation, aggravated by a demographic deficit and a collapse in human capital. “War capitalism” is undoubtedly not viable in the long term.
Vladislav Inozemtsev, Russian Media Studies Project Special Advisor at the Washington-based Middle East Media Research Institute, is the director of the Moscow-based Centre for Research on Post-Industrial Societies.
Article published in Politique étrangère, Vol. 88, No. 4, Winter 2023.
