As much as ... it is short of one for prosperity gen.

[yo]

As much as the new regime is boastful of the nuclear weapons as a symbol for “the strong state”, certainly it is short of one for prosperity.

[Redrum-wt]

As much
as the new regime
is boastful
of the nuclear weapons
as a symbol
for “the strong state”,
certainly
it is short of one
for prosperity.

short of one - относится к слову "символ".

[Мысль]

насколько много новый режим хвастается ядерным оружием как символом "сильной держави", однозначно дни процветания такого государства не долги.

[qp]

As much as the new regime (= it) is ... , certainly it (=the new regime) is short of one (=a symbol) for prosperity

as much as, to be short of - всё можно посмотреть в словаре

[VIadimir]

as much as - несмотря на/хотя