1. Russia.
- Author
-
Puffer, Sheila M.
- Subjects
LABOR supply ,LABOR market ,JOB security ,ECONOMIC indicators ,CAPITALISM ,SUBSIDIES - Abstract
Like virtually every aspect of Russian society, the labor force is undergoing dramatic change as Russia makes the difficult transition from a communist-controlled, centrally planned system to a market-oriented economy. Since 1991, which marked the fall of communism and the breakup of the Soviet Union, the government's policies to privatize large sectors of the economy have resulted in dramatic changes in job security and social benefits that had been guaranteed to all citizens. In the mid-1990s, gross national product suffered annual declines in the range of 15 percent. Production dropped dramatically in thousands of privatized enterprises that once received government subsidies and whose suppliers and customers had been designated by central ministries. [ABSTRACT FROM AUTHOR]
- Published
- 2005