Russia’s War Economy and Its Long‑Term Risks

The war in Ukraine has become the main focus for Russia’s leader. He uses it to justify spending on weapons, pay soldiers and push his political agenda. This strategy has cost many lives. Estimates say about 1. 2 million Russians have been killed or injured. At the same time, the country is changing its economy in ways that experts fear could harm its future. Before the war, Russia already struggled with slow growth. Its economy relied heavily on oil and gas, leaving little room for other industries. Birth rates fell after the Soviet Union collapsed, so the population is shrinking. Political freedoms have also been reduced as the government tightens control. Now, Moscow pours huge amounts of money into the war effort.Tanks, shells and bombs receive priority over projects that would create lasting value for people. This shift means fewer resources are available to build new businesses or improve infrastructure. The war also forces society to become more militarized. Many citizens now work in defense or support roles, and the country’s culture is changing to fit that image. Such a focus can limit opportunities for ordinary people and make the economy less adaptable. Experts warn that this path could leave Russia weak in the long run. A lack of diversification, a shrinking workforce and reduced freedoms could hinder future growth. The country’s leaders need to balance military needs with building a resilient economy that benefits all.