Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Jason Ma

The Russian economy can’t sustain Putin’s war on Ukraine much longer, expert says

Vladimir Putin attends military parade (Credit: Valya Egorshin—NurPhoto via Getty Images)

Russia's economy is in much worse shape than it looks, which could potentially force Vladimir Putin to stop waging war on Ukraine as early as next year, according to economist and author Anders Åslund.

In a recent op-ed on Project Syndicate, he cited financial, technological, and demographic headwinds weighing on a Russian economy that's headed for "near stagnation," and estimated Western sanctions are reducing GDP by 2%–3% each year.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.