(Paul Goble – Window On Eurasia – Staunton, May 29, 2021) The roughly ten percent of Russians who are middle class not only by virtue of incomes but by level of savings, education, and rank in the economy play a very different role than do the much larger middle classes in more developed Western countries, Yevgeny Gontmakher says. Middle classes, […]
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Confrontation with the west after the annexation of Crimea, the resulting sanctions and the Kremlin’s focus on macroeconomic stability at the expense of prosperity have entrenched a stagnation […]
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(Paul Goble – Window on Eurasia – Staunton, Sept. 26, 2020) The coronavirus pandemic has cut the incomes of 24 percent of the members of the Russian middle class and driven 6.1 percent of them into the ranks of the country’s poor, according to an analysis of Rosstat data by scholars at Moscow’s Higher School of Economics. Before the pandemic, […]
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(Window on Eurasia – Paul Goble – Staunton, October 5, 2019) “The middle class in Russia is more dead than alive,” Fustem Falyakhov reports in Gazeta on the basis of new research carried out by Alina Pishnyak of the Center for the Analysis of Incomes and Standard of Living of the Higher School of Economics (gazeta.ru/business/2019/10/04/12737647.shtml). Her research shows that […]
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(Moscow Times – themoscowtimes.com – Oct. 4, 2019) Only 10.3 million people in Russia can be fully considered as members of the middle class, according to Moscow’s Higher School of Economics (HSE). Real wages have been declining for five years in a row, fueled by Western sanctions and low oil prices. State-run media analysis of official data placed Russia’s middle-class […]
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(Moscow Times – themoscowtimes.com – June 25, 2019) Russia’s middle class has fallen by nearly one-fifth since the start of the country’s economic crisis in 2014, an analysis by the Moscow-based Alfa Bank has said. Low oil prices and Western sanctions have reduced Russians’ real incomes for five years in a row. Economists forecast that the population’s purchasing power will […]
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(Kennan Institute – wilsoncenter.org/program/kennan-institute – Maxim Trudolyubov – May 9, 2019 – wilsoncenter.org/blog-post/who-mr-ivanov-why-russias-middle-class-today-different) Maxim Trudolyubov is a Senior Fellow at the Kennan Institute and the Editor-at-Large of Vedomosti, an independent Russian daily. In the five years since 2014, the share of those in Russia who consider themselves middle class has shrunk from 60 percent to 47 percent. This is according […]
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(Paul Goble – Window on Eurasia – Staunton, February 27, 2019 – windowoneurasia2.blogspot.com/2019/02/declining-incomes-among-russians-put.html) The declining incomes of Russians over the last few years are not only leaving all but the very wealthiest residents of that country poorer than they were but putting at risk the formation and survival of the politically critical middle class in the country, according to Aleksandr […]
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(Paul Goble – Window on Eurasia – Staunton, October 30, 2016) Deep background sociological research is showing that Russia is at the beginning of “a significant transformation of mass consciousness” that will eliminate much of the loyalty to the regime that the populace now shows in a way that will recall what happened at the end of Soviet times, Valery […]
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This winter will mark three years since Russia abruptly embarked on a course of political and economic isolation. Lower oil prices and the devaluation of the ruble dealt a serious blow to the population’s economic well-being. By its own evaluation, Russia’s middle class shrank by more than 16 percent, shedding an incredible 14 million people. Click here for Moscow Times/Boris […]
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(Moscow Times – themoscowtimes.com – February 29, 2016) Russia’s middle class has not yet felt the impact of the economic crisis, the Kommersant newspaper reported Monday citing a report by the Institute of Sociology of the Russian Academy of Sciences. Most middle class Russians have retained their jobs and income levels, and many have even reduced their debt burden under […]
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Russia’s middle class, which was growing in the early 2000s, has born the brunt of the economic downturn along with small-business owners. (Russia Beyond the Headlines – rbth.ru – ALEXANDER BRATERSKY, SPECIAL TO RBTH – December 22, 2015) They created their wealth in the 1990s, enjoyed the fruits of the oil-rich 2000s and hoped to give their children a better […]
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(Moscow Times – themoscowtimes.com – Sam Skove – June 19, 2015) Russia’s middle class is likely to continue to spend less even after the country’s economy recovers from its current crisis, a report said Thursday, in a trend that threatens to disrupt a once-key driver of Russian economic growth. Russia’s economic crisis, triggered by low oil prices and Western sanctions […]
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The plan was to create a new type of city that answered the needs of Moscow’s creative middle classes. But did the exit of Sergei Kapkov, the culture minister who ushered in these changes, also signal the end of the city’s urban revival?
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Like many Russians who climbed into an emerging middle class in recent years, Miller is watching his relative prosperity vanish. The plummet in global oil prices since last summer and Western sanctions imposed on Russia over its seizure of Ukrainian territory last year have cut deeply into the national budget, which depends on hydrocarbon exports for more than half of […]
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(Russia Beyond the Headlines – rbth.ru – Bryan MacDonald, special to RBTH – December 4, 2014) Sanctions, unilaterally imposed by western nations, are supposedly causing economic problems in Russia. Bryan MacDonald investigated whether these claims are true and found that ordinary Russians had mixed opinions. Reading some western media outlets, you’d think Russia’s economic sky has fallen in as a […]
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(Business New Europe – bne.eu – Ben Aris in Moscow – February 27, 2014) [Charts here http://www.bne.eu/storyf5775/Emerging_middle_class_delays_major _purchases_lots_of_catchup_left] Winds of uncertainty are blowing again and many in emerging markets have put off big-ticket purchases as a result. However, a survey from Credit Suisse released in February found some of these markets have progressed and diverged to such an extent that […]
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(Institute of Modern Russia – imrussia.org – Sasha de Vogel, Managing editor of the Journal of Globalization and Development – November 19, 2013) [Charts and notes here http://www.imrussia.org/en/society/605-from-economic-crisis-to-political-crisis] During the 2011-2012 electoral cycle, Russia saw unprecedented mass protests by representatives of the country’s growing middle class calling for more democracy and less corruption. Political scientists point to the unraveling of an […]
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(Moscow News – themoscownews.com – Natalia Antonova, Acting Editor-in-Chief – July 8, 2013) Journalist Katerina Gordeyeva’s recent Colta.ru essay, “The impossibility of an island,” has caused quite a stir among Russian intellectuals. In the essay, Gordeyeva spoke about letting go of the illusion that Russia’s progressive middle class can live on its own special island, separate from reality. She urged […]
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(Institute of Modern Russia – imrussia.org – Donald N. Jensen – May 29, 2013) The 2011-2012 pro-democracy rallies in Russia pointed to a growing political awareness and political muscle of the country’s middle class. Donald N. Jensen, Resident Fellow at the Center for Transatlantic Relations at the Johns Hopkins School of Advanced International Studies, discusses the Russian middle class, its […]
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(Business New Europe – bne.eu – April 5, 2013) The middleclass in Russia grew by about 1 percentage point annually from 2004 to 2011 and now makes up about 18.9% of society, while the share of government officials and silovikis, a Russian term referring to political entities in the military or security spheres, usually former officers of the KGB and […]
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(Moscow News – themoscownews.com – Anastasia Matveyeva, Moskovskiye Novosti – November 26, 2012) Over the 2000-2012 period, the income of Russians has grown by 2.5 times. This has radically changed the country’s social structure, say two academics who presented a report at a Gaidar Readings conference in Moscow on Nov. 13: such conditions as poverty have practically disappeared and the […]
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