It Became Known Why Putin's Plan To Raise The Economy Will Fail

It Became Known Why Putin's Plan To Raise The Economy Will Fail
It Became Known Why Putin's Plan To Raise The Economy Will Fail

Video: It Became Known Why Putin's Plan To Raise The Economy Will Fail

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Labor force, or rather its absence, will not allow the country's economy to quickly rise to its feet, according to IA DEITA.RU. According to experts of the economic department of Bloomberg, due to a lack of labor, the potential growth of the Russian economy will fall by 25 basis points over ten years. At the same time, the demand for workers remains in key sectors, but the workers themselves are not. Naturally, COVID and the corresponding restrictions are to blame for everything. The flow of labor will decrease, and this will become the main brake on the recovery and development of the economy. It is noted that rising oil prices can smooth the situation. But this fact will not save "bare construction". Putin and his team are counting on an economic march, as the population is close to boiling point due to rising food prices and falling personal incomes. Private companies are trying to get out of the crisis. Those who can raise salaries. But even this measure cannot cover the deficit, which will inevitably lead to an increase in the cost of housing and business construction. Only the opening of borders and mass vaccinations can help to restore the volume of the labor force entering Russia. And if in Russia and in Europe it has already begun, then the vaccine will not reach Central Asia, which is a key donor of guest workers for the country, very soon. Recall that last year, the death rate in Russia was a record since 2008, and the population fell by more than half a million people - the most significant drop in the past 15 years.

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