Labor Productivity as a Tool for Increasing Economic Growth and Social Well-Being of Russian Citizens

• Main Author: V. I. Belov
• Format: Article
• Language: English
• Published: North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration 2020-09-01
• Series: Управленческое консультирование
• Subjects: labor productivity; national project; economic growth; social welfare; industry approach; socio-economic development sources of financing
• Online Access: https://www.acjournal.ru/jour/article/view/1489
• ISSN: 1726-1139; 1816-8590

The article considers one of the most important economic indicators — labor productivity, determines the dependence of economic and social growth on its increase, analyzes the target indicators of the national project of the same name, and suggests measures aimed at improving the methodology for calculating labor productivity at the enterprise, which should contribute to a more correct reflection of the real situation in the country.