Re:Syrian government falls in end to 50-year rule of Assad f...
by DoughnutHole on Sunday December 08, 2024 @11:19AM
(#42357935)
Russia’s ability to implement a war economy isn’t unique - the last time they did it (WWII) so did the UK, Germany, and the US.
More recent examples include the both sides of the Iran-Iraq war and Armenia in its war with Azerbaijan.
GDP has implications for the productivity of an economy and the budget of the government.
41% of Russia’s government spending at the minute is on the war which means they have to either cut spending on other things weakening the state or drive massive debt and inflation.
There’s a reason you can only run a war economy for so long - eventually you win the war or bleed your economy dry. Russia’s had the advantage of huge legacy reserves of equipment from the USSR days and a larger population. We’ll see how long they can last tapping the well.
Re:Syrian government falls in end to 50-year rule of Assad f...
by trogdor on Sunday December 08, 2024 @12:13PM
(#42358341)
> Russia also has a unique ability to turn the entire economy into a sort of "war economy". That hasn't really been done yet.
Would you explain what you mean by this and why you believe it to be true?
It's true however that winning a war is incredibly difficult, and the outcome could still be the same for Russia, if their GDP was increased by an order of magnitude.
Russia also has a unique ability to turn the entire economy into a sort of "war economy". That hasn't really been done yet.