Abstract
Abstract: This article examines the new Labour Code of the Russian Federation adopted in February 2002. The main thesis of the paper is that the new Code undoubtedly contains many mechanisms intended to make labour relations and industrial relations in Russia much more flexible, so that, at least in broad terms, it can be considered deregulatory. By making labour law more flexible, the Russian Government has launched a legislative political platform aimed at recovering the effectiveness and efficiency of statutory rules, with a view to striking a ‘sustainable’ and ‘realistic’ balance between employee protection and companies‘ needs in the new socio-economic conditions.
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