Military consequences of economic sanctions against Russia
Abstract
The military Industry of Russia is a strategically important sector and a large employer in Russia. Before the Russia-Ukraine war, the number of employees in the defense industry was about 23.5% of the total number of employees in the country. About 2 million people produced direct weapons and military equipment. It is also a significant player in the global arms market, with Russian Federation being the second largest conventional arms exporter after the United States, with more than $13 billion worth of exports annually within the second decade of the XXI Century. At the same time, due to the economic sanctions and unsuccessful military operation in Ukraine, Russia’s military capabilities have suffered irreparable losses after Eight months of the war. In this regard, the question is the following: Is the military-industrial complex in Russia ready to recover the lost weaponry fast enough? According to the experts, the country needs at least 10 years to make up for the losses.
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DOI: http://dx.doi.org/10.17951/we.2022.8.2.173-191
Date of publication: 2023-03-30 08:34:57
Date of submission: 2023-03-02 20:37:05
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