Present-Day Problems of Wage Remuneration in Russia

Eduard Sobolev and Al Campbell

Review of Radical Political Economics, 2020, vol. 52, issue 4, 673-683

Abstract: After the end of the Cold War, the number of books and articles written about Russia dropped greatly, with writing on its economy falling particularly sharply. How Russian workers perceive their wages relative to countries they compare themselves with is one important component of their contentment and perception of well-being, which play such important roles in determining a country’s political economy and economic development. This article draws on Russian statistical sources to add to the meager English-language empirical literature on Russian wages. Statically, it presents their level and inequality relative to the natural comparison countries. Dynamically, it presents their growth, and changes in inequality. The conclusion summarizes the seriously problematic situation of wages in Russia, and presents two political economic conclusions these empirical results suggest.

Keywords: Russia; wages; workers; working class (search for similar items in EconPapers)
JEL-codes: J31 P29 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:52:y:2020:i:4:p:673-683

DOI: 10.1177/0486613420939920

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