Part 9/16:
Macro Level: The entire Russian economy is heavily centered on energy exports; when energy revenue declines, the entire economy falters. The nation's lack of innovation and manufacturing makes recovery all the more difficult.
Local and Sectoral Levels: Within Russia, specific communities and industries have become artificially inflated, particularly those linked to military production and energy. The military industry, buoyed by government spending on the war in Ukraine, has driven wage hikes and labor shortages in regions rich in defense-related employment.