Economic Factors of Russian Inequality

The relevance of the researched problem is connected with the high level of economic inequality in Russia. The article goal is to show that the current Russian institutional system is not directed to decrease the economic inequality but on the contrary it continues to make and deepen it. The leading...

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Bibliographic Details
Published inInternational journal of environmental and science education Vol. 11; no. 16; pp. 8900 - 8910
Main Authors Bobkov, Vyacheslav N, Vakhtina, Margarita A, Simonova, Marina V
Format Journal Article
LanguageEnglish
Published LOOK Academic Publishers 2016
Subjects
Economic Climate
Economic Factors
Foreign Countries
History
Income
Marketing
Poverty
Privatization
Russia
Social Bias
Social Class
Social Influences
Socioeconomic Status
Taxes
Russia
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Summary:The relevance of the researched problem is connected with the high level of economic inequality in Russia. The article goal is to show that the current Russian institutional system is not directed to decrease the economic inequality but on the contrary it continues to make and deepen it. The leading approach to study of this problem is the analysis of social institutes, formal and informal regulations which promote keeping on economic inequality in the country. The results of sociological surveys of the Russian research centers confirm sharpness of this problem. The economic inequality laid its foundation due to the transition to the market in the period of privatization and price liberalization in the 90's of the twentieth century. Among the factors which aggravate the problem of economic inequality in contemporary Russia there is a rent-seeking behavior of major market players and regressive tax system. The materials can be used to assess the prospects and consequences of large-scale reforms in the transition economies. The experience of the Russian market transformation is useful not only for developing countries but for all the rest of the world.
ISSN:1306-3065
1306-3065