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A million a year

Overview

Russia faces a precipitous decline in labour force numbers beginning in 2007 that threatens the continuation of rapid economic growth. Put another way, while buoyant investment is the first essential condition for sustained growth, it may not be sufficient unless the workforce is bolstered. During the long years before domestic demographic policies start to have the desired effect, immigration will be the only answer. The 'million a year' of our title is the World Bank's estimate of...

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