Structural decline in Russian motoring

Sunday, November 22, 2009
Print RSS Tweet This! Save this entry to my Favorites

Here are two revealing BBC news videos about the decline in Russian car production and the economic and social challenges that result from it. In the first we visit a town heavily dependent on car manufacturing and one desperately seeking to generate new small businesses as part of a structural change in the local economy. In the second a report on the financial crisis facing loss making vehicle maker Lada and demands for state support to keep open an industry that perhaps should have closed years ago. The video is memorable partly for the continued use of the hammer to put the finishing touches to new cars!  How can a business survive by employing 100,000 people but making only 130,000 cars a year?

Rate this article:   

Print RSS Tweet This!


ECONOMICS TEACHER RESOURCE NEWSLETTER

Join over 6,000 other Economics Teachers in the UK and around the world who receive the tutor2u regular Economics Resource Email Newsletter. Get special offers, first news of latest resources, teaching ideas, conferences and workshops + loads of great ideas for teaching economics from our blog authors.

*  Your Email Address:
*  Preferred Format:
    AS/A2 Economics Board:
    GCSE Economics Board:
*  Country:
    Full Name:
    Job / Position:
    Postcode:
    School / College:
    Town / City:
*  Enter the security code shown:

Comments

Name:

Email:

Location:

URL:

Smileys

Remember my personal information

Notify me of follow-up comments?

Submit the word you see below:


Most Popular Topic Tags on the Economics Blog

recession, demand, economics, unemployment, prices, inflation, investment, price, trade, employment, costs, profit, debt, supply, euro, gdp, risk, downturn, confidence, china, competition, capacity, tutor2u, production, expectations, exports, incentives, manufacturing, oil, pay, housing, sterling, food, banks, revision, profits, mortgage, globalisation, property, innovation, usa, retailers, borrowing, slowdown, deflation, productivity, entrepreneur, moodle, emissions, supermarkets, dollar, airlines, aqa, efficiency, budget deficit, infrastructure, keynes, monopsony, externalities, protectionism, consumption, inequality, bank of england, welfare, competitiveness, wealth, google, strategy, elasticity, depression, economist, behavioural economics, output gap, economic cycle, government failure, vle, opec, tim harford, stocks, depreciation, credit crunch, saving, poverty, monopoly, jobs, uk economy, cars, carbon, spare capacity, environment, eu, carbon trading, management, oligopoly, wages, evaluation, subsidy, environmental, interest rates, national debt, india, fiscal stimulus, market failure, multiplier effect, climate change, macroeconomics, dan ariely, cpi, losses, skills, regulation, rsa, imports, behavioural, steel, lse, commodities, construction, japan, farming, minimum wage, opportunity cost, apple, bbc, paul mason, brazil, monetary policy, greece, itunes, quantitative easing, agflation, relative poverty, cartel, newsnight, sovereign debt, aviation, intervention, population, single market, imf, currencies, rpi, germany, stagflation, contestable, aqa economics, current account, oecd, ucas, open source, facebook, amazon, survey, taxes, balance of payments, quiz, price discrimination, iphone, savings, ebea, choices, twitter, nationalisation, stephanie flanders, royal economic society, economics revision, keynes society, taxation, pricing, redundancies, speculation, ireland, mpc, information failure, scarcity, robert peston, trade deficit, currency, pollution, aggregate demand, stakeholders, eton college, tariffs, tragedy of the commons, microsoft, vat, liquidity, ocr economics, immigration, fiscal policy, crowding out, ecb, fdi, merger, london, capital, yuan, supply chain, brics, income elasticity, subsidies, federal reserve, shipping, barriers to entry, economies of scale, us economy, hamish mcrae, human capital, russia, shareholder, coffee, comparative advantage, recovery, development, rationality, allocative efficiency, robert frank, crude oil, tesco, animal spirits, philip allan updates, budget, petrol, edexcel economics, reputation, nhs, obama, advertising, creative destruction, suppliers, poverty trap, consumer surplus, broadband, price capping, liquidity trap, waste, startups, collapse, happiness, discrimination, roger bootle, standard of living, oxbridge, gini coefficient, northern rock, dynamic efficiency, contestable market, david smith,
All tags

Login to the tutor2u Moodle VLE

Latest entries

Categories

Monthly Archives

Syndicate