A new US aid package for Ukraine could force the Kremlin to increase military spending even more. Will the Russian economy be able to handle them? Alexandra Prokopenko (Carnegie Politika) argues

Meduza

Lean Left

High Factuality

A new US aid package for Ukraine could force the Kremlin to increase military spending even more. Will the Russian economy be able to handle them? Alexandra Prokopenko (Carnegie Politika) argues

The economic situation for the Russian authorities remains favorable. Even with the resumption of US assistance to Kiev, the Kremlin is ready not only to allocate funds for the already high current military needs, but also to plan future spending on the war. However, these successes are being achieved at the cost of mounting structural problems. The Russian economy does not have enough workers, which means that wages will grow faster than labor …