In a recent article in Foreign Affairs, researchers pointed out the risks Putin is taking in his quest for victory in Ukraine. After a quarter of a century in power, he has managed to create stability in Russia, but now he will have to choose between maintaining internal stability and waging war abroad.
'In the case of abandoning equilibrium, Putin will become a fanatic in the Ukrainian war, deepening the conflict and harming the Ukrainian people.'
The annexation of Crimea fueled Putin's popularity among Russians and even sparked a new patriotic sentiment in the country. However, to root himself in the unfolding events and improve the overall economic situation, Putin will have to make difficult decisions that could impact his long-term political career.