Publication:
Poverty and Shared Prosperity in Russia: Deconstructing Russia’s Shared Prosperity Success -- The Role of Labor and Non-Labor Income

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dc.contributor.authorWorld Bank
dc.date.accessioned2015-07-21T18:09:01Z
dc.date.available2015-07-21T18:09:01Z
dc.date.issued2015-05
dc.description.abstractThe Russian Federation has sustained significant growth over the past decade, accompanied by high rates of income mobility for all groups in the population. The positive outcomes in economic growth were accompanied by economic mobility for most households, reflected in substantial poverty reduction. Inclusive growth has led to a positive performance of the country in terms of shared prosperity - measured by the income and consumption growth of the bottom 40 percent of the welfare distribution. Notwithstanding the positive performance observed, the recent trends suggest sustainability concerns. Alongside the inclusive economic growth, economic mobility has improved remarkably in the country as reflected by the growth of the middle class. Upward economic mobility in Russia appears to be the result of both increases in average income levels and changes in the distribution of income. Given the positive outcomes observed, the question is, to what extent is Russia’s favorable performance in terms of shared prosperity sustainable? To this end, this note explores the main drivers behind the progress to date. The evolutions of the labor market, on one hand, and the incidence of the fiscal system, on the other, appear as the two main factors driving the observed poverty reduction, increase in the income of the bottom 40, and growth of the middle class in Russia. The note is structured as follows: section one gives introduction. Section two presents an analysis of labor income, including an overview of market dynamics and the reduction of wage inequality in the country. Section three presents a summary of the lessons derived from the analysis that can inform policy dialogue and contribute to ensuring the sustainability of the progress achieved in shared prosperity going forward.en
dc.identifierhttp://documents.worldbank.org/curated/en/2015/05/24667312/russia-poverty-shared-prosperity-russia-deconstructing-russia’s-shared-prosperity-success-role-labor-non-labor-income
dc.identifier.doi10.1596/22272
dc.identifier.urihttps://hdl.handle.net/10986/22272
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectGROWTH RATES
dc.subjectEMPLOYMENT
dc.subjectFINANCIAL SERVICES
dc.subjectCOPYRIGHT CLEARANCE
dc.subjectUNEMPLOYMENT RATES
dc.subjectRIGHTS
dc.subjectECONOMIC GROWTH
dc.subjectSKILLED WORKERS
dc.subjectMINIMUM WAGE
dc.subjectDISPOSABLE INCOME
dc.subjectINCOME
dc.subjectINTEREST
dc.subjectINFORMATION
dc.subjectLABOR FORCE
dc.subjectDEVELOPING COUNTRIES
dc.subjectMONITORING
dc.subjectDISTRIBUTION OF INCOME
dc.subjectPOLITICAL ECONOMY
dc.subjectFISCAL POLICY
dc.subjectCOPYRIGHT CLEARANCE CENTER
dc.subjectMORTGAGE
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.subjectEFFECTS
dc.subjectSUBSIDY
dc.subjectPRICE
dc.subjectTAX
dc.subjectREAL INCOME
dc.subjectINCOME TAX
dc.subjectREAL WAGES
dc.subjectLABOR FORCE PARTICIPATION
dc.subjectPENSION SYSTEM
dc.subjectTELEPHONE SERVICES
dc.subjectPENSION
dc.subjectWAGE GROWTH
dc.subjectDRIVERS
dc.subjectPRIVATE SAVINGS
dc.subjectLABOR MARKET
dc.subjectSAVINGS
dc.subjectTRAINING
dc.subjectINFORMAL ECONOMY
dc.subjectNATURAL DISASTER
dc.subjectCAPITAL GAINS
dc.subjectEMPLOYEES PENSION
dc.subjectMARKET WAGES
dc.subjectFERTILITY RATES
dc.subjectPENSION CONTRIBUTIONS
dc.subjectRETIREMENT AGE
dc.subjectTAX LIABILITIES
dc.subjectINTEREST RATES
dc.subjectPRODUCTIVITY
dc.subjectCASH PAYMENT
dc.subjectGLOBALIZATION
dc.subjectTRANSFERS
dc.subjectOLDER WORKERS
dc.subjectWAGE POLICIES
dc.subjectPUBLIC FINANCE
dc.subjectCAPITAL ASSETS
dc.subjectSOCIAL PROTECTION
dc.subjectMIDDLE-INCOME COUNTRIES
dc.subjectSTANDARDS
dc.subjectLABOR
dc.subjectDIVIDENDS
dc.subjectHIGH WAGES
dc.subjectNATURAL RESOURCES
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectURBAN WORKERS
dc.subjectPUBLIC COMPANIES
dc.subjectHOURLY WAGES
dc.subjectPUBLIC PENSIONS
dc.subjectSUBSIDIES
dc.subjectREAL ESTATE
dc.subjectLIBERALIZATION
dc.subjectMINIMUM WAGES
dc.subjectSKILLED WORKER
dc.subjectTAXES
dc.subjectFEMALE LABOR
dc.subjectMARKET ECONOMY
dc.subjectUNEMPLOYMENT
dc.subjectMORTGAGE CREDIT
dc.subjectINCOME TAXES
dc.subjectEQUITY
dc.subjectHUMAN CAPITAL
dc.subjectTECHNOLOGICAL CHANGE
dc.subjectTAX RATE
dc.subjectWAGES
dc.subjectPOLICIES
dc.subjectVOLATILITY
dc.subjectUNEMPLOYMENT RATE
dc.subjectFINANCIAL CRISIS
dc.subjectTURNOVER
dc.subjectFUTURE
dc.subjectMARKET PRICES
dc.subjectPENSIONS
dc.subjectCASH PAYMENTS
dc.subjectREGULATORY ENVIRONMENT
dc.subjectOCCUPATIONS
dc.subjectSUSTAINABLE GROWTH
dc.subjectINCOMES
dc.subjectLABOR MARKET CHARACTERISTICS
dc.subjectCORPORATE TAXES
dc.subjectTAX RATES
dc.subjectJOB CREATION
dc.subjectRURAL WORKERS
dc.subjectSHARES
dc.subjectSTAMP DUTIES
dc.subjectECONOMICS
dc.subjectWAGE POLICY
dc.subjectTREASURY
dc.subjectOUTPUT
dc.subjectECONOMIC INEQUALITY
dc.subjectINFLATION RATES
dc.subjectSHAREHOLDERS
dc.subjectENFORCEMENT
dc.subjectINSURANCE
dc.subjectWAGE STRUCTURE
dc.subjectMANUFACTURING INDUSTRIES
dc.subjectINTERESTS
dc.subjectTAX CODE
dc.subjectSECURITY
dc.subjectNATURAL RESOURCE
dc.subjectRISK
dc.subjectSHARE
dc.subjectTAX SYSTEM
dc.subjectECONOMIC CRISIS
dc.subjectFEMALE LABOR FORCE
dc.subjectBUSINESS ENVIRONMENT
dc.subjectSUPPLY
dc.subjectBANKING
dc.subjectECONOMIC DOWNTURN
dc.subjectLAW
dc.subjectHOURLY WAGE
dc.subjectFINANCIAL SUPPORT
dc.subjectCONSUMER PRICE INDEX
dc.subjectCOMMUNICATION
dc.subjectPENSION FUND
dc.subjectASSET SALES
dc.subjectDEMOGRAPHIC
dc.subjectWAGE DISTRIBUTION
dc.subjectLABOR MARKETS
dc.subjectCOMMODITY PRICES
dc.subjectOUTCOMES
dc.subjectCOMMODITY
dc.subjectPRICES
dc.subjectTAX STRUCTURE
dc.subjectCOMPETITION
dc.titlePoverty and Shared Prosperity in Russiaen
dc.title.subtitleDeconstructing Russia’s Shared Prosperity Success -- The Role of Labor and Non-Labor Incomeen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.date.disclosure2015-06-25
okr.date.doiregistration2025-05-07T09:19:59.336830Z
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Other Poverty Study
okr.docurlhttp://documents.worldbank.org/curated/en/2015/05/24667312/russia-poverty-shared-prosperity-russia-deconstructing-russia’s-shared-prosperity-success-role-labor-non-labor-income
okr.globalpracticeSocial Protection and Labor
okr.globalpracticeMacroeconomics and Fiscal Management
okr.guid171701434744634472
okr.identifier.externaldocumentum090224b082f65595_2_0
okr.identifier.internaldocumentum24667312
okr.identifier.reportACS14169
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/ECA/2015/06/19/090224b082f65595/2_0/Rendered/PDF/Final0Output.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryRussian Federation
okr.sectorPublic administration- Other social services,General public administration sector
okr.sectorPublic Administration, Law, and Justice
okr.themeOther economic management,Poverty strategy, analysis and monitoring
okr.themeEconomic management,Social protection and risk management
okr.topicSocial Protections and Labor::Labor Policies
okr.topicPrivate Sector Development::Emerging Markets
okr.topicPoverty Reduction::Rural Poverty Reduction
okr.unitPoverty - GP (GPVDR)
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