One year ago today, Russian President Vladimir Putin was reeling. The Russian army was still recuperating months after withdrawing from the Ukrainian city of Kherson. Russian troops were in the middle of a winter offensive with very little to show for it. The feud between the Russian military’s high command and Wagner mercenary chief Yevgeny Prigozhin was reaching a boiling point and, come spring, would erupt into an embarrassing 24-hour mutiny on Russian soil.
As the war in Ukraine enters its third year, Putin’s position is more stable. The Ukrainian counteroffensive was a flop, exacerbating the Ukrainian army’s manpower and materiel shortages. Russian forces captured the Ukrainian city of Avdiivka after leveling it to the ground. Prigozhin has been dead for six months, while another Putin nemesis, Russian opposition leader Alexei Navalny, died behind the walls of a Russian prison. With his imminent presidential election victory just around the corner, you wouldn’t blame Putin for feeling confident.
It’s difficult to put into words just how damaging the war has been to the Russian army.
Look beneath the surface, however, and the situation Putin’s Russia finds itself in is more ambiguous, if not grim. Notwithstanding the latest military gains on the ground, Russia is in a far weaker geopolitical position today than it has been in years. The ongoing war in Ukraine is degrading, not strengthening, Russia’s power.
First, it’s difficult to put into words just how damaging the war has been to the Russian army, an institution that U.S. defense analysts once thought could capture the Baltic capitals of Tallinn and Riga in as little as 60 hours. Russia’s military performance in Ukraine to date has shredded those previous assumptions. The Russian way of war is high-intensity, but also littered with command-and-control problems, poor tactics and questionable decisions about resource-allocation. The territorial gains Russia has accomplished have come at an extremely high cost to the Russian army and torn apart the last decade and a half of modernization. It took Russia more than nine months and 20,000 fatalities to capture Bakhmut, a city around the size of Waterloo, Iowa. It required four months of intense combat and tens of thousands of additional casualties for the Russians to take Avdiivka — and when they finally did, the city itself wasn’t as much a prize as it was a giant crater filled with rubber and rebar.
Operations like this take a toll on armies. Although Putin is keeping pace with the level of attrition and increasing tank and artillery production, Moscow has lost more than 90% of its prewar army. At approximately 315,000 killed or wounded, Moscow’s losses in Ukraine during the past two years are more than four times what the old Soviet army sustained during a decade of war in Afghanistan. Last December, the U.K. Ministry of Intelligence assessed it will take Russia at least five years and perhaps as long as 10 to rebuild itself.
On Feb. 23, the Biden administration sanctioned another 500 Russian individuals and entities and put 90 more Russian companies on its Entity List, which restricts certain U.S.-origin products (like the technology Russia needs to continue prosecuting the war) from being exported to Russia. Sanctions aside, the Russian economy is faring better than expected. The International Monetary Fund predicts that Russian economic growth will reach 2.6% this year even though U.S. and European Union sanctions have frozen more than $300 billion of Russia’s foreign reserves, blocked imports of Russian crude oil and severed Russia’s access to the Western financial system. Yet even those numbers are a bit deceiving; because Russia’s economy is now highly dependent on fueling the war in Ukraine, the upward trend could very well prove to be temporary. Brass tacks, Russia’s economy today is largely the same resource-extractive machine as it was in the past.








