Labour force size will constrain Russian productivity
The working and tax-paying population is getting smaller, limiting opportunities for dynamic productivity growth
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In this article
- Wage cuts, not job losses
- Shifting employment patterns
- Imbalances
- Shadow economy
- Demographic challenge
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_350.jpg "A keeper works at a cast house at the Novolipetsk steel mill in Lipetsk, Russia (Reuters/Maxim Shemetov)")