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ECONOMY  SOCIETY  CURRENT EVENTS

08 Mar 2022

“The Russian economy will rapidly lose human capital, and the rate of its outflow may be higher than in the 1990s. It's still too early to estimate just how many jobs Russia can expect to lose. The ability to mitigate the economic shockwaves left by Western companies' departure will depend on the Kremlin's ability to substitute lost jobs with new ones, and the speed at which the Kremlin can replace partners in the West with ones in the East.”

Vladimir Gimpelson
Vladimir Gimpelson
   Economist
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Head of the Moscow Higher School of Economics’ center for labor market studies
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  • 08 March 2022
  • 10 March 2022
  • Russia
  • Not Specified
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