The Pie: An Economics Podcast cover image

War Economies: How Ukraine and Russia Are Adapting in Year Three

The Pie: An Economics Podcast

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Russia's Economy and the Ongoing War

This chapter analyzes the resilience of the Russian economy amid the ongoing war, noting challenges like increased military spending and the impact of sanctions on the daily lives of citizens. It discusses the complex dynamics of Russia's oil profits, particularly sales to countries like India and China, while European nations attempt to reduce their dependency on Russian energy. Additionally, the chapter speculates on the potential endgame of the conflict in Ukraine, examining U.S. political decisions and their implications for international relations and European security.

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