Russia’s war economy is under increasing pressure, with a new report warning that it could collapse before Ukraine’s – despite the Kremlin’s military advantage. The assessment, published by LSE IDEAS, the foreign policy think tank at the London School of Economics, highlights what it describes as the “brittleness” of the Russian economic model compared with the relative strength of Ukraine’s position.
Author Dr Luke Cooper, Associate Professorial Research Fellow in International Relations, argues in his 60-page report that Moscow’s dependence on oil and gas revenues ...
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