The Distributional Consequences of Russia's Transition
This paper considers the distributional consequences of the reform programme in Russia. Although a small fraction of the population have gained under the reforms, average real household per capita income has declined significantly with households at the lower end of the income distribution suffering the greatest fall. Consequently there has been a substantial rise in income inequality. Poverty has increased sharply with an estimated 18.5% of the population on incomes below the official subsistence income level at the end of 1992. This aspect of the transition programme is a disturbing feature and may give rise to further political instability. I present various estimates on the evolution of the income distribution. The transfer of assets through privatization, the distributional impact of the tax base and the fiscal relationship between the federal and local governments are also examined.
|Date of creation:||Sep 1993|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: 44 - 20 - 7183 8801
Fax: 44 - 20 - 7183 8820
|Order Information:|| Email: |
When requesting a correction, please mention this item's handle: RePEc:cpr:ceprdp:839. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()The email address of this maintainer does not seem to be valid anymore. Please ask to update the entry or send us the correct address
If references are entirely missing, you can add them using this form.