November 16, 2020

For the Sake of Russia, You're Fired!


For the Sake of Russia, You're Fired!
Can firing workers really help GDP growth? Image by Ilmicrofono Oggiono via Flickr

GDP is a general measure of a company's economic development. Now a Russian non-profit economic organization has released suggestions for how to grow Russia's GDP: fire ineffective workers.

Experts at the Center for Macroeconomic Analysis and Short-term Forecasting (CMASF)  said that authorities should not prevent such a large-scale firing, and that laws need to be corrected to allow it. According to their experts’ analysis, Russia’s labor productivity needs to grow annually by 4-4.5% in order to reach the government’s goal of 3-3.5% GDP growth per year. Without laying off ineffective workers, these markers will be difficult to achieve, according to CMASF.

There is skepticism whether a large increase in unemployment would actually be beneficial for Russia’s GDP long term. As one news source put it, in real life, it’s rare that the sheep are safe and the wolves are fed. However, experts at CMASF say that if this massive layoff doesn’t happen, the Russian economy will lag behind developed countries by a factor of 2.5 and behind some developing countries by a factor of 1.5.

Like this post? Get a weekly email digest + member-only deals

Some of our Books

The Moscow Eccentric
December 01, 2016

The Moscow Eccentric

Advance reviewers are calling this new translation "a coup" and "a remarkable achievement." This rediscovered gem of a novel by one of Russia's finest writers explores some of the thorniest issues of the early twentieth century.

Murder and the Muse
December 12, 2016

Murder and the Muse

KGB Chief Andropov has tapped Matyushkin to solve a brazen jewel heist from Picasso’s wife at the posh Metropole Hotel. But when the case bleeds over into murder, machinations, and international intrigue, not everyone is eager to see where the clues might lead.

A Taste of Russia
November 01, 2012

A Taste of Russia

The definitive modern cookbook on Russian cuisine has been totally updated and redesigned in a 30th Anniversary Edition. Layering superbly researched recipes with informative essays on the dishes' rich historical and cultural context, A Taste of Russia includes over 200 recipes on everything from borshch to blini, from Salmon Coulibiac to Beef Stew with Rum, from Marinated Mushrooms to Walnut-honey Filled Pies. A Taste of Russia shows off the best that Russian cooking has to offer. Full of great quotes from Russian literature about Russian food and designed in a convenient wide format that stays open during use.

Marooned in Moscow
May 01, 2011

Marooned in Moscow

This gripping autobiography plays out against the backdrop of Russia's bloody Civil War, and was one of the first Western eyewitness accounts of life in post-revolutionary Russia. Marooned in Moscow provides a fascinating account of one woman's entry into war-torn Russia in early 1920, first-person impressions of many in the top Soviet leadership, and accounts of the author's increasingly dangerous work as a journalist and spy, to say nothing of her work on behalf of prisoners, her two arrests, and her eventual ten-month-long imprisonment, including in the infamous Lubyanka prison. It is a veritable encyclopedia of life in Russia in the early 1920s.

Davai! The Russians and Their Vodka
November 01, 2012

Davai! The Russians and Their Vodka

In this comprehensive, quixotic and addictive book, Edwin Trommelen explores all facets of the Russian obsession with vodka. Peering chiefly through the lenses of history and literature, Trommelen offers up an appropriately complex, rich and bittersweet portrait, based on great respect for Russian culture.

Driving Down Russia's Spine
June 01, 2016

Driving Down Russia's Spine

The story of the epic Spine of Russia trip, intertwining fascinating subject profiles with digressions into historical and cultural themes relevant to understanding modern Russia. 

About Us

Russian Life is a publication of a 30-year-young, award-winning publishing house that creates a bimonthly magazine, books, maps, and other products for Russophiles the world over.

Latest Posts

Our Contacts

Russian Life
73 Main Street, Suite 402
Montpelier VT 05602

802-223-4955