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National Interests: Priorities and Security
 

Factor analysis of changes in labor force parameters

Vol. 20, Iss. 6, JUNE 2024

Received: 5 February 2024

Received in revised form: 3 April 2024

Accepted: 20 May 2024

Available online: 17 June 2024

Subject Heading: SUSTAINABLE DEVELOPMENT OF ECONOMY

JEL Classification: D40, D49, Н50

Pages: 1099–1124

https://doi.org/10.24891/ni.20.6.1099

Yurii A. KRUPNOV Institute for Economic Policy and Problems of Economic Security, Financial University under Government of Russian Federation, Moscow, Russian Federation
yukrupnov@mail.ru

https://orcid.org/0000-0002-9524-3747

Evgeniya D. RUBINSHTEIN Far Eastern Federal University (FEFU), Vladivostok, Russian Federation
fineasusual@mail.ru

https://orcid.org/0000-0001-6218-4069

Subject. This article examines changes in the parameters of the economically active population that meet the needs of the dynamic growth of the domestic economy and its international competitiveness.
Objectives. The article aims to analyze and assess the factors of change in the number of economically active population of Russia and make a forecast for the period up to 2036.
Methods. For the study, we used statistical and factor analyses, and a competitive edge approach.
Results. Based on the consideration of the cause-and-effect relationships between economic development and population growth, quantitative and qualitative parameters of the labor force, as well as the prerequisites and factors of their change, the article presents a forecast of the dynamics of the economically active population, taking into account the reduction in natural growth and aging of the population, the impact of pension reform and other factors, and an assessment of the potential for increasing the labor force due to the inclusion of new territories in Russia.
Conclusions. Demographic problems, exacerbated by the military confrontation and systemic conflict with the countries of the collective West, significantly limit the possibilities of economic growth in Russia. However, the territorial and pension effects in the medium term make it possible to compensate for this negative impact.

Keywords: sustainable economic development, demography, labor force, pension reform, new territories of Russia

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