Christopher Granville

Managing Director, EMEA and Global Political Research
+44 20 7246 7867

Jan Cleave

Analyst, Russia/FSU Research - London/Moscow
+44 20 3137 7258

Irina Lebedeva, CFA

Economist, Russia/FSU Research - Moscow

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Recent Russia research

* Russia: Geopolitics less bearish than oil, 23 Jun 2017
* Russian oil – volume gearing, Christopher Granville, James Henderson, 8 May 2017
* Russia-Saudi oil axis: Last hurrah in H2/17, Christopher Granville, James Henderson, 27 Apr 2017
* Russia: Navalny trashes Medvedev - What it means, Christopher Granville, 29 Mar 2017
* Russia: Geopolitical driver – negative turn, Christopher Granville, 15 Mar 2017

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Labour makes the case for Russian manufacturing

Overview

This report reviews new work by Russia’s top labour economists that overturns conventional wisdom on productivity and unit labour costs. These original insights on skills supply and the proper measurement of real wage growth (using a PPI-based deflator) contribute to an overall picture of strengthening profitability potential in the natural resource sectors and especially in domestically oriented manufacturing. We explore the portfolio strategy implications for investors in Russian...

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