Over the past year, Russia has managed to withstand unprecedented Western sanctions over its invasion of Ukraine. Part of this success has been the war itself — increased military spending has helped keep the economy afloat, as Moscow produces more tanks, missiles, guns and ammo. But how sustainable is the militarization of the Russian economy?
In this episode, we are joined by business and economics reporter Jake Cordell, who explains what emergency measures the Russian authorities have taken in order to defy earlier predictions of economic collapse, how ordinary Russians are feeling the impact of sanctions, and where the economy could be headed into the future.
Russia on the Record is a podcast where Moscow Times journalists, independent experts and ordinary Russians reflect, analyze and explain what’s going on in Russia right now. You can listen to us on the following platforms: