November 17, 2022
Ukraine is advancing, and Russia Is retreating, but President Zelensky has a big problem
By Rajan Menon
Despite the Ukrainian Army’s battlefield advances and Russia’s retreats, most recently from parts of Kherson Province, Ukraine’s economy has been left in tatters. A prolonged war of attrition—which seems likely—will subject it to additional strain. For the Kyiv government, the cost of prosecuting the war while also meeting the material needs of its citizens will mount even if the Ukrainian Army keeps gaining ground. Worse, winter looms and Russia, frustrated by the serial military failures it has experienced since September, seems bent on crippling Ukraine’s economy by taking the wrecking ball to its critical infrastructure. On Tuesday alone, an estimated 90 Russian missiles rained down across Ukraine.
Ukraine’s biggest problem may not be the military threat posed by Mr. Putin’s army, significant though that will remain, but rather coping with the destruction Russia’s attacks wreak on its economy—and at a time when the prospects for the large and continuing flow of aid Kyiv desperately needs could diminish because of deteriorating economic conditions in the West.
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