All posts by Vasily Astrov

Vasily Astrov

About Vasily Astrov

Vasily Astrov is senior economist at the Vienna Institute for International Economic Studies (WIIW). He’s been working as an economist for the WIIW since 2003, primarily covering Russia, Ukraine and macro-economic and energy issues in CEE. He also worked as a consultant for the Austrian National Bank and was involved inter alia in projects for the European Commission. He holds an MSc. in economics from Warwick University (UK) and was also studying at the University of Münster (Germany) and St. Petersburg State University (Russia).

Are Labour Shortages Driving Economic Growth?

The global economic environment continues to be challenging. The ‘wounds’ inflicted by the global financial crisis of 2008 have not yet healed completely and world economic growth remains rather subdued. This particularly applies to the advanced countries and especially to the Euro Zone, which is the most important trading partner for the Eastern European countries.  Continue reading Are Labour Shortages Driving Economic Growth?