Three years of war, sanctions and Russia's isolation from the global community have changed its economy in many ways. Some changes such as the degraded business environment and increased government presence in the economy are likely to persist. War has also exacerbated Russia's already poor...

As seldom before, the current war in Ukraine has seen the use of World War II analogies by belligerents and also some Western non-belligerents. They thereby follow in the footsteps of such political leaders as Anthony Eden, Margaret Thatcher, Joseph Stalin, or John F. Kennedy. Indeed, statesmen...

Die Rüstungsindustrie stand lange Zeit nicht im Fokus der wirtschaftspolitischen Debatte. Der Export von Waffen und Dual-Use-Gütern wird restriktiv gehandhabt. Die Ausgaben für die Ausrüstung der Bundeswehr waren im Vergleich zu anderen Ländern niedrig, was die Branche unter Druck setzte....

This paper studies the long-run effects of government-led construction of manufacturing plants on the regions where they were built and on individuals from those regions. Specifically, we examine publicly financed plants built in dispersed locations outside of major urban centers for security...

A sharp increase in fixed investment has been a key factor supporting Russia's economy in recent years. This brief highlights the drivers of Russia's recent investment boom. During 2022, the first year of the full-blown war in Ukraine, investment growth was dominated by increased budget...