Kassie Corelli
At the end of October, Russian military analysts made a surprising admission. Writers at the website Military Review (Военное Обозрение, Voennoe Obozrenie), which is close to the Russian Ministry of Defense, noted that the Ukrainian economy is coping with the war better than expected. In particular, they point to Ukraine’s economic growth in 2023 and 2024 (2.9 percent GDP growth in 2024), its successful battle against inflation, and that Ukraine’s interest rate is currently 1 percent lower than Russia’s (Topwar.ru, October 27). This change in how the war is being covered highlights how it is getting more difficult to disguise how the war is negatively affecting Russian society.
The authors of this Military Review article admit that, largely due to foreign aid, both civilian and military production are growing in Ukraine. At the same time, independent journalists note that the only industrial sectors now growing in Russia are those directly connected to the war, and therefore, their development is at the expense of the civilian sector (see EDM, July 7; Topwar.ru, October 27).
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