After Russia reverts to centrally planned and state driven economy, all of a sudden economic growth in Russia is beating the west.
After Russia reverts to centrally planned and state driven economy, all of a sudden economic growth in Russia is beating the west.
Growth will be driven by surge in military spending for war in Ukraine
You're viewing a single thread.
Since when is Russian economy "centrally planned"? Do we have a different definition of it?
My understanding is that state owned enterprise has become very dominant in Russia after the start of the war, and a lot of private business is now being state directed. So, I think it's fair to say that the commanding heights of the economy are largely under state control now.
That's not based on the article is it? The article seems to attribute growth primarily to the war economy.
The war industry isn't actually that big of the overall percentage of the overall economy. Western publications tend to focus on the war industry as the explanation, but the reality is that western decoupling opened up a lot of economic niches that are now being filled domestically.
state owned enterprise has become very dominant in Russia after the start of the war
Kind of what he said?
Yeah, I read the comment. The thesis of the title isn't supported by the article, which makes for a confusing read.