Background Briefing: February 13, 2022
With Warnings War Could Break Out on Wednesday, Ukraine’s Other Problem is Its Economy
We will begin with warnings from the White House that a war over Ukraine could break out at any moment with U.S. intelligence reports suggesting it could happen as early as Wednesday. Joining us is Adam Tooze, a professor of history at Columbia University and the author of a number of books including Wages of Destruction, Crashed: How a Decade of Financial Crises Changed the World, and most recently, Shutdown: How Covid Shook the World’s Economy. He previously taught at the University of Cambridge as well as Yale, where he was Director of International Security Studies and has contributed to the National Intelligence Council and blogs at adamtooze.substack.com where his latest article is “Permanent crisis or Black Earth agro-giant? Alternative futures for Ukraine.” We discuss the current crisis but also the continuing one for Ukraine since Ukraine’s economic performance between 1990 and 2017 was not just worse than its European neighbors. It was the fifth worst in the entire world placing it amongst the four countries that delivered less growth for their citizens than Ukraine were the Democratic Republic of Congo, Burundi and Yemen.
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