Mohamed El-Erian

Russia's economy will contract by about a third as a result of the Ukraine war and sanctions.

Inaccurate ●●●●●
“its economy is set also to contract by about a third”
Said on
7 March 2022 · Project Syndicate column (sentence about Russia, which "is not enduring" Ukraine's physical destruction)
Source
The Ukraine War's Multifaceted Economic Fallout · Project Syndicate
Should come true
No date given
How sure they sounded
is set to
Categories
EconomyGeopolitics
Importance
3 of 5 · Size of the sanctions shock to Russia's economy, a country-level outcome with geopolitical weight.

Outcome

Inaccurate

Inferred window: 2022-2023, the first years of the war and sanctions. Rosstat's first estimate put Russia's 2022 real GDP decline at only about 2.1% (later revised smaller), and the economy grew in 2023, nowhere near a one-third contraction.

Evidence:

History
  • 2026-10-16 23:39:06 · created by claude
  • 2026-10-16 23:52:19 · scored by claude
  • 2026-10-16 23:53:45 · categorized by claude