Development of the Service Sector in Russia

Maria Viktorovna Selivanova
Additional contact information
Maria Viktorovna Selivanova: Russian Foreign Trade Academy, Moscow, Russia

Russian Foreign Economic Journal, 2024, issue 1, 118-130

Abstract: Òhe article examines the current trends in the service sector in Russia. The importance of service sector development in conditions of digitalization and the growing need to enhance import substitution is highlighted. Based on the statistical analysis, the estimates of structural shift s in economy are provided, and the dynamics of different service sector activities are described. The prospects for the service sector, which provides stable employment for about two-thirds of the labour force, are also analyzed from the perspective of the labour market. In the face of current challenges the role of the service sector in creating contemporary infrastructural, scientific-technical and human potential of the economy is very important.

Keywords: service sector; economic sectors; production structure; employment structure; wage differentiation; socio-economic processes; economy digitalization; transformation (search for similar items in EconPapers)
JEL-codes: L80 (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://repec.vavt.ru/RePEc/alq/rufejo/rfej_2024_01_118-130.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2024_01_118-130

DOI: 10.24412/2072-8042-2024-1-118-130

Access Statistics for this article

More articles in Russian Foreign Economic Journal from Russian Foreign Trade Academy Ministry of economic development of the Russian Federation Contact information at EDIRC.
Bibliographic data for series maintained by Irina Katolik ().