Painful adaptation. The social consequences of the crisis in Russia. OSW STUDIES 60 2017-02-06
Journal: Archive of European Integration (AEI) (University of Pittsburgh)
Year: 2017

The Russian economy has experienced what has proven to be the most painful crisis for society since Vladimir Putin became President of the Russian Federation for the first time. The crisis has worsened the financial situation of all classes of Russian society due to the high inflation rate and a decrease in real wages. It has severely impacted the standards of living of the most politically active segments of the middle class residing in big cities. For a large portion of society the crisis impl