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    <title>Cost of the Ukraine War for Russia</title>
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  <name type="personal" usage="primary">
    <namePart>Shatz, Howard J.,</namePart>
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  <name type="personal">
    <namePart>Reach, Clint,</namePart>
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    <namePart>Project Air Force (U.S.)</namePart>
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    <namePart>Department of the Air Force.</namePart>
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  <abstract type="Summary">In this report, RAND researchers present estimates of what costs Russia is incurring as a result of its invasion of Ukraine. As of September 2022, researchers estimated military costs reached $40 billion. Full-year 2022 gross domestic product losses amounted to between $81 billion and $104 billion and full-year financial capital destruction reached $322 billion. Direct military spending may amount to almost $132 billion through 2024. Over the long term, even with a stalemated war, Russia's economy and the standard of living of its people are likely to decline. The main factor sustaining Russia's economy is the export revenue it earns from oil and gas sales. Despite these significant economic losses, RAND researchers judged these costs to be sustainable for the next several years.</abstract>
  <tableOfContents type="Contents">Chapter One: Introduction -- Chapter Two: Overall Costs -- Chapter Three: Direct Military Costs -- Chapter Four: The Mechanisms of Russian Economic Decline -- Chapter Five: A Future of Likely Decline -- Chapter Six: Postscript: The Costs of War by Late Summer 2023.</tableOfContents>
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  <note type="statement of responsibility">Howard J. Shatz, Clint Reach.</note>
  <note>Title from PDF document (title page; viewed December 19, 2023)</note>
  <note>"Prepared for the Department of the Air Force"</note>
  <note>Also available on the Internet as a PDF file.</note>
  <note type="bibliography">Includes bibliographical references (pages 58-73).</note>
  <note>Description from electronic resource.</note>
  <note>Description based on print version record; resource not viewed.</note>
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  <subject authority="fast">
    <temporal>2000-2099</temporal>
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  <subject authority="lcsh">
    <topic>Russian Invasion of Ukraine, 2022</topic>
    <topic>Costs</topic>
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  <subject authority="lcsh">
    <topic>Armed Forces</topic>
    <topic>Appropriations and expenditures</topic>
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  <subject authority="lcsh">
    <topic>Budget</topic>
    <geographic>Russia (Federation)</geographic>
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  <subject authority="lcsh">
    <topic>Russian Invasion of Ukraine, 2022</topic>
    <topic>Economic aspects</topic>
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  <subject>
    <topic>International Economic Relations</topic>
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  <subject>
    <topic>Military Budgets and Defense Spending</topic>
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  <subject>
    <topic>Russia</topic>
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  <subject>
    <topic>Ukraine</topic>
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  <subject>
    <topic>Warfare and Military Operations</topic>
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  <subject authority="rvm">
    <topic>Forces armées</topic>
    <topic>Crédits budgétaires et dépenses</topic>
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    <topic>Budget</topic>
    <geographic>Russie</geographic>
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    <topic>Armed Forces</topic>
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    <topic>International economic relations</topic>
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    <geographic>Russia (Federation)</geographic>
    <topic>Economic conditions</topic>
    <temporal>21st century</temporal>
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    <geographic>Russia (Federation)</geographic>
    <topic>Economic policy</topic>
    <temporal>21st century</temporal>
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    <geographic>Russia (Federation)</geographic>
    <topic>Foreign economic relations</topic>
    <temporal>21st century</temporal>
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    <url displayLabel="Volume 1" usage="primary display">https://hdl.loc.gov/loc.gdc/gdcebookspublic.2024739312v1</url>
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