Russia’s economy is so driven by the war in Ukraine that it cannot afford to either win or lose, economist says

• Russia’s economy can’t afford to win or lose the war in Ukraine, one economist says.
• That’s because Russia can’t afford the cost of rebuilding and securing Ukraine.
• The cost of repairing its own nation is already “massive,” Renaud Foucart says.

Russia’s economy is completely dominated by its war in Ukraine, so much that Moscow cannot afford either to win or lose the war, according to one European economist.

Renaud Foucart, a senior economics lecturer at Lancaster University, pointed to the dire economic situation facing Russia as the war in Ukraine wraps up its second year.

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