How Russia is doing after four years of war
The article discusses the impact of the ongoing war in Ukraine on Russia's economy and society, highlighting resource depletion and challenges in discussions about peace negotiations.
Since Russia's full-scale invasion of Ukraine on February 24, 2022, the country has continuously attacked its neighbor, significantly impacting its economy and society. According to Johan Norberg, a Russia expert and research leader at the Total Defence Research Institute (FOI), the war efforts have drained the Russian state treasury, leading to a societal slowdown as resources are increasingly redirected towards military actions rather than domestic needs. This shift in focus has raised concerns about the sustainability of Russia's resource management amidst ongoing conflict.
Norberg notes that while Russia possesses substantial natural resources, the discussions within the country have increasingly turned towards the limitations of these resources. He highlights a notable change in the narrative over recent years, where conversations now dwell more on issues of shortages and financial struggles rather than previous optimism. This shift reflects a harsh reality as the prolonged war places unprecedented strain on Russia's economy, prompting more candid discussions about the future and sustainability of its military endeavors.
Furthermore, peace negotiations between Russia and Ukraine have been ongoing, facilitated by the United States, but Norberg remains skeptical about the prospects for a near-term resolution given the current Russian regime. He acknowledges that while there might be pathways to an agreement, the real challenge lies in the implementation of such a deal, suggesting that complications and the absence of a viable alternative loom large over any potential peace talks. The overall sentiment is one of increasing difficulty both in the domestic front as well as in diplomatic relations, as Russian society grapples with the repercussions of an extended conflict and dwindling resources.