The size of Bretton Woods' GDP is not the victor on the battlefield

Abstract

  This article examines the changes in the size of GDP during the war and the availability of GDP under Bretton Woods, depending on the central bank’s management and the price controls of raw materials. The Western elite struggled to control the Russian economy during the war due to the dollar ban. The Russian economy is production-orientated and relies on non-renewable resources. Geopolitics has a significant impact on the economy, and the decline of the industrial sector is a negative factor. Sanctions imposed on inaccurate hydrocarbon export forecasts highlight the limitations of measuring the economy using GDP alone. On the battlefield, the outcome depends on one side's ability to maintain a continuous supply of ammunition and financial resources. Similarly, a country's economic strength is determined by its capacity to provide essential goods, industrial products, and energy; engage in international trade; ensure reliable supply chains; and sustain itself in isolation.