Alexander Shcherbakov

Kudrin: Russia at level of G7 countries of 80s

Kudrin: Russia at level of G7 countries of 80s

Russia's labor productivity lags 40 years behind those of developed economies. This level is close to Brazil's level and three times below the level of the U.S., head of the Russian Accounts Chamber Alexei …

Why does Russia need high productivity?

Why does Russia need high productivity?

The constant increase in the labor productivity is one of the foundations of sustainable economic growth, however, Russia is much inferior to more developed countries, the head of the Russian Central Bank Elvira Nabiullina said …