The Impact of the Crisis on the Welfare of the Population of Russia

The thesis topic is “The impact of the crisis on the welfare of the population of Russia”. Relevance of the topic is explained by a lack of studies on the phenomenon and the fact that Russian economy has not been able to fully recover from the crisis. The aim of the work is to evaluate a change in welfare of Russian population. A multidimensional approach is used to determine welfare. Thus, various factors from 9 aspects of people’s lives are considered. A linear trend is plotted for each factor based on its pre-crisis values and two indicators representing the deviation of the real post-crisis value from its theoretical post-crisis value and the deviation of the real post-crisis value from its real pre-crisis value are calculated. A conclusion about a direction of welfare change within one aspect is made based on the ratio of improved and worsened factors. A conclusion about welfare change of Russian population in general is made based on the ratio of improved and worsened aspects.