“It seems likely that the damage to Russia’s productive capacity from the loss of western technology and key supplies will increase over time,” writes independent economist Roger Bootle.
“Moreover, the medium-term outlook for its supply capacity has been severely dented by the loss of so many soldiers in the Ukraine war – and more importantly, by the exodus of so many well-qualified young people who wished to escape both the Putin regime and the prospect of call-up.”
You think so? I think for starters that depends on the outcome of the war and any agreements made. Second there does not seem to be an upside to lifting sanctions across the board for example on western chips and components. Keeping the military industrial complex of the Russians hobbled for as long as possible means less speed of rearmament, and the EU will be ramping up theirs, meaning this limits their competition.