"Econ 102" with Noah Smith and Erik Torenberg cover image

Preparing for a Second China Shock and Bad Economists with Brad DeLong

"Econ 102" with Noah Smith and Erik Torenberg

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Support Beyond the Battlefield

A substantial portion of the population remains engaged in supporting the domestic economy amid the war, even as Ukraine's military spending exceeds 100% of its GDP. Despite these challenges, Ukrainians maintain a relatively stable standard of living, aided by external supplies and support. Unlike past conflicts, the civilian economic impact in Ukraine has not reached the lows experienced by other nations during significant wars, highlighting a unique resilience and mobilization of society for sustained conflict.

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