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Inequality of living standards in Russia: internal and international context (the early 1990s and the 2000s)

Author

Listed:
  • Vyacheslav Bobkov

    (All-Russian Center of living standards)

  • Olesya Veredyuk

Abstract

The article studies the relationship of social groups about income distribution and goods consumption. It is dedicated to the internal and international aspects of inequality of living standards in Russia during the period of capitalist transformations of 1990-2000’s. Problems of the dynamics of inequality in living standards are analyzed. Methods of comparative analysis and comparison of performance indicators with normative social standards are used. On this basis, the population is classified into social groups and then follows the analysis of their social position. Such indicators are used: income inequality by consumption; inequality by housing, by education and health care availability. Russia is compared with countries of G20. Social inequality reasons in Russia are revealed. The obtained results can be applied within national economic and social policy. The findings indicated that the high social inequality in Russia undermines the ability of a large part of the population to be «included» in economic growth, for it limits access to its results. In such situation, an attempt to solve both the problem of speeding up economic growth and the eradication of poverty cannot lead to success if appropriate measures to reduce social inequality are not developed and implemented.

Suggested Citation

  • Vyacheslav Bobkov & Olesya Veredyuk, 2013. "Inequality of living standards in Russia: internal and international context (the early 1990s and the 2000s)," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 62-70.
  • Handle: RePEc:ura:ecregj:v:1:y:2013:i:3:p:62-70
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    Citations

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    Cited by:

    1. Kazuhiro Kumo & Alexandra Koval & Irina Korgun & Olga Trofimenko, 2018. "Foreign Trade and Regional Inequality:The Case of the Russian Federation," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 884-895.
    2. Tomas Zelinsky, 2014. "Regional Poverty Levels in the European Union: A Spatial Econometric Approach," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 62-69.

    More about this item

    Keywords

    Social inequality; living standard; normative consumer budgets; G20; Gini index; Russia;
    All these keywords.

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General

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