Thursday 24 October 2013

Russia: the dwindling employees of the big state | beyondbrics

Russia: the dwindling employees of the big state | beyondbrics:

"Who wants to work for Putin? Fewer and fewer people, according to Russian statistics.

From 2000 to 2011, the number of people employed by state and municipal authorities has fallen, while the number of private sector workers has risen by a third. This does not necessarily show a decline of big government – but it does remove some of its authority, perhaps.

In some ways, the Kremlin has grown more active over the past decade. Government ownership of the oil industry has increased. Russia’s state oil producer Rosneft bought TK-BNP this year in a deal valued at $55bn. It previously acquired the main oil production unit of Mikhail Khodorkovsky’s Yukos in 2004.
Source: IMF
"

'via Blog this'

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