Skip to main content
SpringerLink
Log in

Inequality in Income and Wealth in Russia

  • Living reference work entry
  • First Online:
Global Encyclopedia of Public Administration, Public Policy, and Governance

  • 495 Accesses

Synonyms

Economic inequality; Income and wealth disparities; Unequal distribution of income and wealth

Definitions

The extent to which income and wealth is distributed in an uneven manner among a population.

Introduction

In the later decade Russia continued progress in terms of economic growth and lowering poverty. The per capita Gross National Income (GNI) in Russia was last recorded in 2015 at 23,770 dollars per year (in 2011 PPP), comparable to that of Latvia, Poland, Hungary, or Chile (IBRD/WB 2017). Yet Russia was much less successful in reducing inequality which skyrocketed after the market liberalization reforms in the early 1990s. Currently inequality in Russia has stabilized at the level which is significantly above the OECD average: the average Gini coefficient (The Gini index is the most widely used summary measure of inequality in income distribution based on a Lorenz curve. It measures the extent to which the distribution of income among individuals or households within...

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution

Institutional subscriptions

References

  • Brandmeir K, Grimm M, Holzhausen A (2016) Allianz global wealth report 2016. Allianz SE Economic Research, München

    Google Scholar 

  • Calvo P, Lopez-Calva LF, Posadas J (2015) A decade of declining earnings inequality in the Russian Federation. Policy research working paper, 7392. World Bank, Washington, DC

    Google Scholar 

  • Capgemini (2016) ‘World Wealth Report 2016’: Capgemini Financial Services

    Google Scholar 

  • Cerami A (2009) Welfare state developments in the Russian Federation: oil-led social policy and the ‘Russian miracle’. Soc Policy Admin 43(2):105–120

    Article  Google Scholar 

  • Cook LJ (2010) Russia’s welfare regime: the shift toward statism. In: Jappinen M, Kulmala M, Saarinen A (eds) Gazing at welfare, gender, and agency in post-socialist countries. Cambridge Scholars Publishing, Cambridge

    Google Scholar 

  • Davies, JB, Sandström, S, Shorrocks, A, and Wolff, EN (2011) ‘The level and distribution of global household wealth’. Econ J, Royal Economic Society 121(551):223-254. (accessed.

    Google Scholar 

  • EUROMOD (2017) Webstatistics for EUROMOD version no. G4.0. Colchester, ISER, University of Essex

    Google Scholar 

  • Guriev S, Rachinsky A (2006) The evolution of personal wealth in the former Soviet Union and Central and Eastern Europe. In: Research paper 2006/120. Helsinki, UNU-WIDER

    Google Scholar 

  • Higgins S, Lustig N, Ruble W, Smeeding TM (2016) Comparing the incidence of taxes and social spending in Brazil and the United States. Rev Income Wealth 62:22–46

    Article  Google Scholar 

  • IBRD/WB (2016) Russia economic report 35: the long journey to recovery. World Bank, Moscow

    Google Scholar 

  • IBRD/WB (2017) World development indicators. World Bank, Washington, DC

    Google Scholar 

  • Lustig N, Lopez-Calva LF, Matytsin M, Popova D (in print) Who benefits from fiscal redistribution in Russia? In: The distributional impact of fiscal policy: evidence from developing countries. IBRD/World Bank, Washington, DC

    Google Scholar 

  • Milanovic B (1999) Explaining the increase in inequality during transition. Econ Transit 7(2):299–341

    Article  Google Scholar 

  • OECD (2017) OECD income distribution database’. OECD, Paris

    Google Scholar 

  • Ovcharova L, Popova D, Pishniak A (2007) New measures supporting families with children: encouragement of the birthrate or improvement of the living standards? An analysis of the maternity and child support measures introduced in 2007 in the Russian Federation. UNICEF, Moscow

    Google Scholar 

  • Popova D, Matytsin M, Sinnot E (2017) Distributional impact of fiscal policy in Russia over the downturn. Manuscript under review

    Google Scholar 

  • Shorrocks A, Davies JB, Lluberas R, Koutsoukis A (2016) The credit suisse global wealth report 2016. Credit Swiss AG Research Institute, Zurich

    Google Scholar 

  • Stierli M, Shorrocks A, Davies JB, Lluberas R, Koutsoukis A (2014) The credit suisse global wealth report 2014. Credit Suisse AG Research Institute, Zurich

    Google Scholar 

  • UNU-WIDER (2017) World income inequality database. Helsinki, UNU-WIDER

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. Institute for Social and Economic Research, University of Essex, Wivenhoe Park, CO43SQ, Colchester, Essex, UK

    Daria Popova

  2. Institute for Social Policy, National Research University-Higher School of Economics, Myasnitskaya ul., 20, 101000, Moscow, Russia

    Daria Popova & Alexey Rudberg

Authors
  1. Daria Popova
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Alexey Rudberg
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Daria Popova .

Editor information

Editors and Affiliations

  1. Florida Atlantic University, Boca Raton, Florida, USA

    Ali Farazmand

Rights and permissions

Reprints and permissions

Copyright information

© 2017 Springer International Publishing AG

About this entry

Cite this entry

Popova, D., Rudberg, A. (2017). Inequality in Income and Wealth in Russia. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_3096-1

Download citation

  • DOI: https://doi.org/10.1007/978-3-319-31816-5_3096-1

  • Received:

  • Accepted:

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-31816-5

  • Online ISBN: 978-3-319-31816-5

  • eBook Packages: Springer Reference Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

Publish with us

Policies and ethics

Search

Navigation