For effective economic growth, intentional “creation” of unemployment is required to be followed up by its «elimination …». From Okun’s law one can infer an interesting corollary: growing unemployment without reducing GDP increases the economy … unemployment. However strange it may seem, but the economic problems of modern Russia have the same root cause. …

For effective economic growth, intentional “creation” of unemployment is required to be followed up by its «elimination …». From Okun’s law one can infer an interesting corollary: growing unemployment without reducing GDP increases the economy … unemployment. However strange it may seem, but the economic problems of modern Russia have the same root cause. …