After two years of baptism of war, Ukraine** is struggling to survive in the storm, and the economic and military support of Europe and the United States is like a pillar to maintain its fragile finances. However, if foreign aid is cut off, even for just a month, Ukraine's financial woes may make it difficult to pay its basic salary.
On the other hand, Russia's economy has shown remarkable resilience, with Putin's confidence growing stronger and his ambitious vision for the future.
According to TASS, on the occasion of the second anniversary of the Russia-Ukraine conflict, Putin clarified the key mission and grand vision of Russia in the next six years with a two-hour in-depth analysis in his annual address to the country - striving to elevate Russia to one of the four major powers of the global economy.
In the face of the world's representatives and national representatives, the bold words of the world mean that he is burdened with a responsibility that cannot be missed. Confidence comes from reality: in 2023, the Russian economy has moved forward steadily, achieving 3GDP growth of 6%, surpassing the G7 average, is undoubtedly a solid foundation for Putin to achieve this ambition.
Although Russia's economy is not as large as China's, it has performed well from a global perspective, especially compared to the United States' only 25% growth rate and negative growth of 03%, which is particularly prominent.
In the face of the severe Russia-Ukraine conflict, the Russian economy has shown great resilience, which is admirable. In fact, the West's comprehensive sanctions have instead pushed Russia forward"Complex, technology-oriented, and resource-independent"Structural transformation of the economy.
It can be said that the pressure caused by the sanctions has become a catalyst for the escalation of the Russian economy. Therefore, Putin is quite confident in including Russia among the world's four largest economies, which is the result of a combination of factors.
Ukraine's sympathetic experience has led to a ruptured relationship between the two countries that was driven by U.S. rhetoric to challenge Russia, only to be met with a heavy price to the rupture of relations between the two countries. In the past two years, the Ukrainian army has suffered heavy losses, the population has suffered heavy losses, and the territory is not guaranteed, and the four oblasts are no longer owned by it.
Russia, by contrast, has shown resilience during the war, with a positive post-war economic outlook, and even made bold statements"The world's top four economies"Ranks. This huge contrast is impressive, and although Putin did not specify the list of the four major economies, Russia's determination and change are indeed facts that cannot be ignored.
In my analysis, cooperation between China, the United States and Russia is almost inevitable, so will the remaining competitors be the EU or India? I think the EU has less chance. Since the Russia-Ukraine conflict, the weakness of the European economy has become more and more significant, and Germany, the economic engine, has even experienced a historically rare negative growth.
As a result, India seems more likely to be in focus. This suggests that for Putin, India's prospects for economic development may be an advantage that he is extremely concerned about.