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Regular version of the site
Economics
In Russia, the demand for migrant workers is highest in economically developed and resource-extracting regions, in areas with low population density, and in construction and industrial companies. Employers prefer to hire low-skilled migrants with no education beyond secondary school and limited work experience of less than a year, since these workers are much cheaper than locals. These are some of the findings from a study by Elena Vakulenko, Assiant Professor at the Department of Applied Economics, HSE Faculty of Economic Sciences, and HSE student Roman Leukhin.
October 29, 2015
Over the past three years, the business climate in Russia has improved for companies with a long planning horizon and for those receiving government support. State-owned companies, however, have been worse off after losing their privileges and facing a level playing field, according to Andrei Yakovlev, director of the HSE Institute for Industrial and Market Studies, Irina Levina, research fellow at the same Institute, and Anastasia Kazun, postgraduate student at the HSE Faculty of Social Sciences.
September 21, 2015
The processes of globalization should have contributed to reduced inequality in the world. In reality, however, the situation looks differently, with income inequality in the populations of developing economies growing. To correct this, the level of education of low-skilled workers must be increased, said Eric Maskin, Chief Research Fellow at the HSE International Laboratory of Decision Choice and Analysis and Nobel Laureate in Economics for 2007.
September 16, 2015
Creating totally new and exclusive products, business models and technology solutions is not always necessary in today's innovative economy; it is often sufficient to use the knowledge and inventions already available worldwide, according to professor Mikhail Shushkin and associate professor Sergey Alexandrovskiy, researchers at the Department of Marketing, Faculty of Management, HSE Branch in Nizhny Novgorod.
September 15, 2015
Encouraging entrepreneurship, providing social support services and helping people find jobs are all part of a new ‘social contract’ programme introduced across Russia to assist poor families in becoming financially self-sufficient. Using formal contracts to encourage low-income people to engage in economic activity is proving to be more effective than welfare handouts, according to researchers of the HSE Centre for Studies of Income and Living Standards.
September 08, 2015
The current crisis in Russia is different from all others in its heightened uncertainty and unpredictable consequences, and recent events are comparable to the transformative crisis that occurred in Russia in the 1990s, the Director of the Centre of Development Institute, Natalia Akindinova, and HSE Academic Supervisor Evgeny Yasin said in their paper ‘A New Stage of Economic Development in Post-Soviet Russia.’ The researchers propose four possible scenarios for how the Russian economy might change, the most probable of which, they posit, is a so-called ‘mobilisation scenario.’
June 09, 2015
International companies engage in social responsibility in order to to improve their reputation, be more competitive, and to gain political benefits and some degree of control over society. In Russia, however, businesses convert social investment into informal privileges granted to them by government, according to a paper by Olga Kuzina, Professor of the HSE Department of Economic Sociology, and Marina Chernysheva, postgraduate student at the same department.
May 26, 2015
Russian corporate raiders prefer to operate in regions with developed trade and industrial sectors, but where there are fewer lawyers and non-profit organizations, said Anton Kazun, junior research fellow at the HSE Institute for Industrial and Market Studies International Center for the Study of Institutions and Development, in his paper ‘Corporate raid in Russian regions: indicators and factors’.
May 19, 2015
Even a business climate that is not very favourable is not an obstacle for investors if the country is developing fast in general. Business leaders who invest in countries with underdeveloped institutions choose politically stable regions with high demand, qualified workforce and developed infrastructure, said Ksenia Gonchar, leading research fellow at the HSE Institute for Industrial and Market Studies (IIMS), in a paper.
May 14, 2015
Economic inequality between the Russian regions will manifest itself clearly in the context of the current crisis. While the 2009 crisis passed almost painlessly for regional budgets, the situation today is quite different. The regions will be forced to look for anti-crisis strategies in the context of continuously decreasing oil revenues, said Natalia Zubarevich, Leading Research Fellow at the HSE Centre for Studies of Income and Living Standards, in her presentation on ‘Crises in Russia: Regional Perspective’ as part of the XVI HSE April International Academic Conference.
April 20, 2015
The number of bankruptcies in the real economy is growing rapidly. Companies at risk include car manufacturers, agriculture, and metallurgy. Companies are being forced to leave markets due to decreasing demand and unbearable borrowing costs, said Anastasia Mogilat at the XVI HSE April International Academic Conference.
April 13, 2015
Social policy challenges and losses; Russians are not Europeans; Why parents in Moscow hate the USE; Defence attorneys' strategies in dealing with law enforcement agencies; Migrants in Moscow: myths and reality; Why switching to 'effective contracts' for school teachers does not work—these were among the most interesting papers from the HSE's XV April Conference, according to Opec.ru.
April 10, 2015