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Introducing the Universal Minimum Income Support in Russia: The Cost of the Transition

Author

Listed:
  • Elena I. Andreeva

    (Finance Research Institute, Moscow 127006, Russia)

  • Dmitry G. Bychkov

    (Finance Research Institute, Moscow 127006, Russia)

Abstract

The present paper discusses certain aspects of the proposed concept of introducing universal minimum income support. This paper also presents the estimated amount of funding which is required to close the income gap of all households whose incomes fall below the poverty line for a full transition to a Universal Minimum Income Support system. This amount is compared with the cost of the existing social benefits financed from the budget, including targeted ones.

Suggested Citation

  • Elena I. Andreeva & Dmitry G. Bychkov, 2016. "Introducing the Universal Minimum Income Support in Russia: The Cost of the Transition," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 6, pages 71-80, December.
    • Handle: RePEc:fru:finjrn:160606:p:71-80
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    Citations

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    Cited by:

    1. Natalia V. Loktyuhina & Olesya A. Feoktistova, 2022. "Improving the Organizational and Financial Models of Employment Assistance in Russia," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 4, pages 29-45, August.
    2. Mariya N. Kirillova & Ol’ga F. Seliverstova, 2017. "Analysis of Social Support Measures for Large Families, Poor Families and Single-parent Families with Children," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 6, pages 98-109, December.

    More about this item

    Keywords

    social support; social benefits; targeting principle; criteria of neediness; optimization of social support;
    All these keywords.

    JEL classification:

    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • I39 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Other
    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare

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