Dossier
dual economy
Coverage of dual economy in the Nexus archive.
- War Overhead Creates ‘Dual Economy’ and Stagnates Russia’s Civilian Sectors
Russia's war against Ukraine has created a 'dual economy' with an overheated military-industrial complex and stagnant civilian sectors. High capital, labor, and product costs, along with tax hikes and internal borrowing, have paralyzed non-military industries as initial defense spending declines.