The Most Important thing for Win (Productivity trends in the world and Russia)

Abstract

On a broad information base the labor productivity trends in the world and Russia are estimated. It is shown that the long world economy stagnation phase from about the early 70s to the early and mid80s was replaced by continuing up to the present time (except the crisis of 2008-2009) period which is not just of high pace, but of growing pace trend. Russias productivity measure has restored its 1990 year level only by about 2005. The best relative characteristics actually refer to the Soviet period. If the U.S. labor productivity in 1990 was about 2,5 times higher than Russias, then in 2010 - 3 times. For twentyyear period Indias lag from Russia has decreased by about two times, Chinas five times.