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Present-Day Problems of Wage Remuneration in Russia.

Authors :
Sobolev, Eduard
Campbell, Al
Source :
Review of Radical Political Economics. Winter2020, Vol. 52 Issue 4, p673-683. 11p.
Publication Year :
2020

Abstract

After the end of the Cold War, the number of books and articles written about Russia dropped greatly, with writing on its economy falling particularly sharply. How Russian workers perceive their wages relative to countries they compare themselves with is one important component of their contentment and perception of well-being, which play such important roles in determining a country's political economy and economic development. This article draws on Russian statistical sources to add to the meager English-language empirical literature on Russian wages. Statically, it presents their level and inequality relative to the natural comparison countries. Dynamically, it presents their growth, and changes in inequality. The conclusion summarizes the seriously problematic situation of wages in Russia, and presents two political economic conclusions these empirical results suggest. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
04866134
Volume :
52
Issue :
4
Database :
Academic Search Index
Journal :
Review of Radical Political Economics
Publication Type :
Academic Journal
Accession number :
146991539
Full Text :
https://doi.org/10.1177/0486613420939920