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Social Differentiation Under Complex Economic Conditions

M.M. Makhmudova, A.M. Koroleva and I.V. Denisova

European Research Studies Journal, 2018, vol. XXI, issue 3, 530-538

Abstract: The current stage of the economic development is characterized by the deterioration of the economic situation in Russia associated with the considerable decrease in the world prices for energy, the aggravation of international economic relations on the background of mutual restrictive measures taken by Russia and the West, the devaluation of the ruble and internal inflationary processes. The article describes the economic essence of inequality, its causes and consequences. The work analyzes statistical data for 2013-2016 on the dynamics and structure of the cash income of the Russians, sources of their formation and use under complicated conditions of the macroeconomic instability. The peculiarities of regional and sectoral differentiation of the population's cash income are revealed.Based on the analysis of the main statistical indicators characterizing the level and differentiation of the Russians' income, the conclusions about the modern trends of the social stratification of the Russian society have been formulated.

Keywords: Cash income; consumer spending; regional differentiation; purchasing power; real wages; inequality; income concentration index. (search for similar items in EconPapers)
JEL-codes: J10 J19 (search for similar items in EconPapers)
Date: 2018
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