ncrease in labor productivity as necessary condition of competitiveness of the Russian economy

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The reasons for the slowdown of the Russian economy and the main trends in changing of its structure are considered in this article. The level of labor capacity in Russia is compared with one in various countries as in whole, and in the same industries. The lag in volume production on a number of manufacturing industries is analyzed and the reasons for the low rate of investment in fixed assets are assessed. The main directions of improving labor capacity, which should enhance the competitiveness of Russian production on the world market and ensure the welfare of the population, are proposed.

About the authors

A. G. Olovyanishnikov

Department of System Management and Business Economics, Tomsk State University, Tomsk, 634029, Russian Federation

Author for correspondence.

M. A. Ryabykin

Department of Management, Tomsk Polytechnic University, Tomsk, 634034, Russian Federation.



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