The Russian War Economy’s Days are Numbered

Anders Åslund

4 October 20245 Minute Read

Russian President Vladimir Putin visits a tank factory in February 2024. Image: Associated Press / Alamy

With Vladimir Putin’s war of aggression in Ukraine approaching its third anniversary, the financial, technological and demographic hurdles facing the Russian economy are more severe than is commonly understood. Contrary to what the Kremlin would like others to believe, time is not on Russia’s side.