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In The Semblence of Strategy
Facing Russia's War Economy
Russia’s war economy has defied initial predictions of collapse following Western sanctions. Instead, Russia's GDP has grown, and its military spending has increased to 6% of GDP. However, the economy faces challenges, including human capital flight, reliance on fluctuating energy prices, and possibly capital depreciation. The limits of sanctions highlight the need for the West to bolster its military capabilities to effectively counter Russia’s aggression.
EPIS Magazine:
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