Type | Working Paper |
Title | Sustained and balanced growth requires equitable policies country note: Russian Federation |
Author(s) | |
Publication (Day/Month/Year) | 2013 |
Abstract | Inequality2 is a part of the economic reality of any society. It is also a constant focus of attention of academic community, from time to time becoming a matter of heated social and political debates. Social scientists consider the growth of income inequality as one of the major socio-economic risks posed by globalization3 . Inequality issues have acquired a particular importance in connection with the market transition of post-socialist countries, including Russia, where the ‘starting point’ of transformation was the centrally planned economy. The characteristic feature of the transition process has been a sharp increase in income inequality. In the late 1980s Russia, along with the Scandinavian countries was in the group of states with a low level of income inequality4 . At present, the scale of inequality in Russia is comparable to economies of Latin America. This note aims to provide a comprehensive analysis of income inequality in Russia for the period since the beginning of market reforms. The sources of data are both official macro-statistics and independent sociological surveys. |
» | Russian Federation - Household Budget Survey 2009 |
» | Russian Federation - Household Budget Survey 2010 |