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We trace the rise of the so called oligarchs in post-Soviet Russia and examine their relationship to income distribution in Russia. When Russia moved to a market economy in the 1990s a new business elite evolved. Russia's distinctive path towards market economy, among other factors, gave rise to...
Persistent link: https://www.econbiz.de/10011646801
We trace the rise of the so called oligarchs in post-Soviet Russia and examine their relationship to income distribution in Russia. When Russia moved to a market economy in the 1990s a new business elite evolved. Russia's distinctive path towards market economy, among other factors, gave rise to...
Persistent link: https://www.econbiz.de/10012955282
The paper uses a large household dataset -- the Russia Longitudinal Monitoring survey -- to measure inequality and poverty in Russia since the start of transition in 1992. What emerges is that inequality had already emerged by 1992 and has grown subsequently. By 1996 the Gini for Russia was...
Persistent link: https://www.econbiz.de/10014109490
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Persistent link: https://www.econbiz.de/10003191838
A recently much debated issue is why observed investment and growth rates inpoor countries are lower than traditional theory predicts. Empirical evidencesuggests that social and political instability is a major reason for thedivergence between poor and rich countries. However, there is still the...
Persistent link: https://www.econbiz.de/10011302623
We investigate the evolution of wage levels, wage inequality, and wage determinants among urban residents in China … using China Household Income Project data from 1988, 1995, 2002, 2007, and 2013. Average wage grew impressively between each … thereafter - a process that came to a halt in 2007. During the period in which China was a planned economy the gender wage gap …
Persistent link: https://www.econbiz.de/10011947049
While some workers in China attain senior professional level and senior cadre level status (Chuzhang and above), others … and western China for 1995 and 2002. For 2002, persons of high rank make up 3 percent and persons of middle rank make up …
Persistent link: https://www.econbiz.de/10013324772
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