scholarly journals Monetary inequality in Russia in the sociological dimension

2020 ◽  
Vol 11 (3) ◽  
pp. 78-98
Author(s):  
Svetlana V. Mareeva

This article examines the specifics of the income inequality structure in modern Russian society, as well as the tendencies for its change during the country’s post-Soviet period of development. It is shown that, compared to other countries, the traditional economic indexes which measure income inequality (decile ratio, Gini coefficient) position the Russian Federation as a country with a high degree of inequality within the mass layers of the population, especially when compared to Europe, albeit the level of inequality is slightly lower compared to BRICS member states. When using equivalence scales, which adjust the people’s income after factoring in economies of scale in consumption, Russia’s inequality figures improve even more. Based on quintile income distribution and the concentration of income within the highest quintile, Russia also occupies an intermediate position, surpassing most European countries, though not BRICS member states. However, the highest quintile is characterized by a high degree of differentiation. When transitioning from the wealthiest 20% of the population to the 1–5%, Russia’s place among other countries of the world changes significantly: when it comes to the gap between the “upper crust” and the masses, Russia can be considered one of the leading countries in the world. It has also been revealed that on the other end of the income distribution spectrum, at the population’s lower strata, there has been a noticeable “rise” of low-income groups in the last few years, with them somewhat approaching the middle. It was manifested in a more rapid increase in prosperity among the lower 40% of the population when compared to the population in general, as well as in a noticeable decrease in poverty levels during the 2000’s. Those citizens who were left in the lower strata of income distribution created a clearer image of poverty, which differs from the “average Russian” and emphasizes the importance of gauging not only low income level, but also an array of non-monetary inequality dimensions. Such a process of “homogenization” has lead to an increase in the size of groups with median and average income, with them being the most numerous groups in the current structure of Russian society. However, the increase in the number of people in said groups was not only caused by their shifts from low-income groups of the population, but also because of some members from the more prosperous strata experiencing an “averaging” of their level of income as well.

2021 ◽  
Author(s):  
Sabrina Marchetti ◽  
Daniela Cherubini ◽  
Giulia Garofalo Geymonat

EPDF and EPUB available Open Access under CC-BY-NC licence. Drawing from the EU-funded DomEQUAL research project across nine countries in Europe, South America and Asia, this comparative study explores the conditions of domestic workers around the world and the campaigns they are conducting to improve their labour rights. The book showcases how domestic workers’ movements put ‘intersectionality in action’ in repre-senting the interest of various marginalized social groups from migrants and low-income groups to racialized and rural girls and women. This will be an invaluable for scholars, policy makers and activists alike.


1986 ◽  
Vol 24 (3) ◽  
pp. 395-422 ◽  
Author(s):  
Neva Seidman Makgetla

Zambia has faced an economic crisis since 1975. Living standards for most of the population have deteriorated sharply, with falling real wages and a drop in G.D.P. per capita by about a quarter. At the same time, the gap between the high- and low-income groups has probably widened.Zambia's economic difficulties originated in international factors. In the two decades of independence, and unusually high degree of external dependency, inherited from the colonial era, continued to chatacterise the economy. Imported inputs accounted for at least one-third of all costs in mining and manufacturing, as may be seen from Table I. Meanwhile, the production of copper and relate minerals contributed a steady nine-tenths of export revenues. But in 1975, the terms of trade for copper plummeted by nearly 50 per cent, and merchandise imports promptly contracted by almost one-quarter, seriously affecting production. Since then the price of copper has stagnated.


2017 ◽  
Vol 237 (3) ◽  
pp. 225-273
Author(s):  
Sibylle Stossberg ◽  
Hansjörg Blöchliger

Abstract Fiscal decentralisation might be partially responsible for rising income inequality by exacerbating competition between sub-national governments and compromising national government’s ability to redistribute. This paper investigates the relationship between fiscal decentralisation and economy-wide disposable income inequality. Drawing on a dataset of up to 20 OECD countries and covering the period 1996 to 2011, the analysis links a set of income inequality indicators and a wide array of fiscal decentralisation indicators. Results indicate that decentralisation might actually reduce income inequality, as measured by the Gini coefficient, but the effect is rather small and unstable across specifications. Fine-graining the analysis by using income percentile ratios, in turn, produces more significant and stable results. As such, the effects of fiscal decentralisation are not the same along the income distribution. While decentralisation tends to be associated with a reduction in income inequality between high incomes and the median, it is linked to a divergence of low income groups from the median, notably via sub-central tax autonomy. Transfers between levels of government also tend to be associated with an increase in the gap between lower and middle incomes. Interpreting these effects jointly, it seems that mainly middle income earners benefit from fiscal decentralisation.


Author(s):  
Geoffrey Meen ◽  
Christine Whitehead

Chapter 5 discusses housing for low-income groups. Households face a wide dispersion of housing costs and data for the UK and many other countries show that those on low incomes are more likely to spend a high percentage of their incomes on housing in the absence of support. Low-income households are also more heavily concentrated in the rental housing sectors. The chapter, therefore, concentrates on the measures that have been implemented to support housing and the extent to which the problem of high rents is offset by income related subsidies. The chapter also stresses that low-income affordability cannot be considered in isolation from other parts of the housing market and the economy more widely, notably fiscal and monetary policies and changes in the income distribution, and policy has generally taken insufficient account of the interlinkages.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Yener Coskun

Purpose This paper aims to offer an extensive empirical case study analysis by investigating housing affordability in Turkey as a whole, and in Istanbul, Ankara and Izmir over the period of 2006 and 2017 and its sub-periods. Design/methodology/approach This paper develops a theoretically informed model to assess affordability using complementary methodologies in quantitative analysis. This study seeks to help outline the nature of the problem in aggregate level and in the cities; it also seeks to offer lessons about how to address measurement and modelling challenges in emergent market contexts by constructing aggregate-/city-level housing cost-to-income (HCI) ratio, adjusted HCI (AHCI) ratio, housing affordability index (HAI) and effective HAI sensitive to multiple calculation methodologies and alternative data set involving income distribution and poverty tranches. Findings HCI, AHCI, HAI and EHAI models generally suggest the parallel results: housing is not affordable in Turkey and in Istanbul, Ankara and Izmir except for the highest income groups. The evidence implies that besides macroeconomic instabilities, distorted interest rates and short average mortgage maturity, poverty and unequal income/wealth distributions are the main reasons of the Turkish housing affordability crisis specifically heightened in metropolitan areas such as in Istanbul. Research limitations/implications The evidence provides an insight on housing affordability problems in Turkey. However, small sample size and short observation period create a limit for generalisation of the findings. Further analysis would be required to illustrate how housing affordability changes in different cities of Turkey in a longer period. Practical implications By using empirical approaches, this paper helps to understand how serious housing affordability problems of Turkey in aggregate and urban levels. This evidence helps to explain declining ownership ratio in low-income groups and in urban areas. Reliable explanations on existing housing crisis of Turkey also help to develop affordable housing policies. Social implications Declining housing affordability and homeownership ratio may translate as the rising housing inequality and insecurity among Turkish households. Moreover, better affordability values of higher income groups suggest that existing inequality, economic/social segmentation, and hence social tension between high and low income groups, may further increase. In this respect, the authors suggest socially important policies such as reducing income/wealth inequalities and increasing affordable housing supply. Originality/value This study offers a detailed empirical case study analysis that can be used as an exemplar of how to overcome data constraints in other evolving housing market contexts. This study sets out an approach overcoming the challenges of measurement. This study also combines existing methodological approaches with the modified variables to provide a more realistic aggregate-/urban-level housing affordability picture. The authors calculated some parts of housing affordability ratio and index series using discretionary income, minimum wage and effective minimum wage to show the variations of different measurement approaches. Some constructed series are also sensitive to income distribution and poverty thresholds. Collectively, this empirical approach, developed by using emerging market data, provides a contribution to the literature.


Author(s):  
V.V. Bhanoji Rao ◽  
Pundarik Mukhopadhaya

Within the context of globalization and openness of the Taiwan economy, the Gini ratio for income distribution among individuals remained within a narrow range of just 0.35-0.36 for as long as two decades. The low level as well as the constancy of the degree of inequality, data availability from household surveys on an annual basis, the very swift publication of the survey reports and the high degree of agreement between the survey and national accounts-based aggregated income constitute a “miracle” as far as the experience of developing countries go.


2019 ◽  
pp. 24-37
Author(s):  
N. V. Sholoyko ◽  
A. O. Gonchar ◽  
T. I. Lysenko

Today, there is a need to introduce medical devices into everyday medical practice with the goal to self-administer injectional drugs. The speed and safety of auto-injectors / pre-filled syringe pens use (AI/PFS) is the introduction of an injectional form drug in a special medical device, which allows patients to enter a pre-designated therapeutic dose due to the characteristics of the structure of the product, automatic dosing, data of the interactive display on some devices, comfortable design, etc. Considering that AI/PFS were developed to improve the quality of life of patients with various pathological conditions, therefore the creation of affordable medical devices for low-income groups of the population is relevant today. Also an actual issue is the provision of high-quality first-aid kits for soldiers, which is a vital component for medical care in the context of active combat conditions and the lack of the required number of field hospitals.The speed of administration, the onset of effect and ease of use provides significant advantages for AI / PFS. Therefore, the issue of affordability for the low-income groups of the population and the army with the necessary drugs should be sufficiently supported by state regulation.Purpose of study – study of the international experience in the implementation and use of drugs (drugs) in the form of affordable, safe and effective modern dosage forms in the form of autoinjectors.Materials and methods – foreign and domestic literature on the use of AI/PFS in complex and monotherapy treatment of various diseases. State registries of medicines of Ukraine, the USA and some EU countries. The study used systematic, statistical and comparative analyzes, as well as the generalization of information. The data used is freely available among various medical scientific and metric bases, the Internet and international scientific conferences.The analysis of the use of AI/PFS indicates that today the world market of medicines and medical devices contains a large number of drugs under different trade names. However, many patients in the world refrain from using these dosage forms due to the significant cost of medical devices, which makes impossible the required regular use of such drugs for the low-income population groups. This is a significant disadvantage, since AI / PFS is implemented to correct not only chronic diseases such as rheumatoid arthritis, multiple sclerosis, but also to provide emergency careinurgent conditions (anaphylactic reactions, intense pain, etc.).In the global market for drugs and medical devices, injectable medicines in the form of AI/PFS are widely represented. The effectiveness of the use of such devices indicates the advantages and prospects for the use of existing AI/PFS on the global market for patients and medical personnel. Today, the most commonly used drugs in AI/PFSare for the treatment of diabetes, emergency conditions in civil and military medicine, chronic diseases of various etiologies, pediatric practice. The use of AI /PFS significantly improves patient compliance for the treatment of chronic diseases due to ease of use and reduction of adverse reactions at the site of administration. Most of the analyzed sources indicate a low level of economic affordability of drugs in the form of AI/PFS for the population and the government sector of drug supply due to the high cost of the medical devices, compared to traditional syringes. But the results of the study indicate a high level of advantages and prospects in the use of drugs in AI/PFS in medical practice for both medical personnel and patients.


2019 ◽  
Vol 61 (1) ◽  
pp. 5-13 ◽  
Author(s):  
Loretta Lees

Abstract Gentrification is no-longer, if it ever was, a small scale process of urban transformation. Gentrification globally is more often practised as large scale urban redevelopment. It is state-led or state-induced. The results are clear – the displacement and disenfranchisement of low income groups in favour of wealthier in-movers. So, why has gentrification come to dominate policy making worldwide and what can be done about it?


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