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Russian Defense Expenditure and Military Modernization

For nearly a decade, Russia has been engaged in an ambitious plan to modernize its military. This has yielded impressive results. The country’s strategic nuclear forces were overhauled, while the army, navy and air force all now field capable and up-to-date equipment in large numbers. But how has Russia’s stagnant and apparently small economy managed to support this rapid expansion of military capabilities? How does Russia’s volume of military expenditure compare with other large powers? And will Russia be able to maintain a high level of military expenditure in the future? --------------------------------------------------------------------- Subscribe to our channel: http://cs.is/2dCfTve CSIS is the world's #1 defense and national security think tank. Visit http://www.csis.org to find more of our work as we bring bipartisan solutions to the world's greatest challenges. Check out the rest of our videos here: http://cs.is/2dolqpj Follow CSIS on Twitter:   / csis   On Facebook:   / csis.org   And on Instagram:   / csis