The Economics Show  cover image

The real Russian economy. With Sergei Guriev

The Economics Show

CHAPTER

The Russian Economy Amid War: A Complex Analysis

This chapter explores the nuanced dynamics of the Russian economy in the context of the ongoing war, emphasizing how military spending skews GDP statistics and affects civilian life. It analyzes the impacts of inflation and resource allocation, as well as public perception of wartime benefits and the challenges posed by international sanctions. The discussion further contrasts current economic strategies with historical precedents, highlighting the moral and financial implications of prioritizing military efforts over civilian welfare.

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