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I think so the income gap is very large in Russia the rich is very rich the poor is very poor like China.
"Russia has 53 billionaires worth a total of $282 billion, according to the Forbes list of the richest people. In addition, the second-tier rich include 103,000 Russian millionaires who are collectively worth $670 billion, according to a study on the evolution of personal wealth in the former Soviet Union written by economists at the Center for Economic and Financial Research, a think tank here. (The World Bank says that in 2005, 15.8 percent of Russians lived below subsistence level.) “There are hundreds of millionaires in Moscow — that is why we are all here,” said Nicole Marais, a sales and marketing representative for David Morris, the London jeweler. She was attending the fair for the first time in conjunction with the brand’s Russian distributor, the Soho Jewelry Group. “The women are all impeccably groomed and the men are all worth a fortune.” http://www.nytimes.com/2007/11/29/fashion/29moscow.html |
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Russia has by far more money than any other Eastern European country. It is to Poland, the country with the second highest GDP in the region, as Italy is to Thailand. However, the large income disparity and the size of the country places the Russians in the lower-middle part of Eastern Europe, somewhat below Croatia and Poland.
Eastern Europe by Gross Domestic Product (PPP) - how rich the country is: 1. Russia 2. Poland 3. Ukraine 4. Czech Republic 5. Romania 6. Hungary 7. Slovakia 8. Belarus 9. Bulgaria 10. Serbia 11. Croatia 12. Lithuania 13. Slovenia 14. Latvia 15. Estonia 16. Bosnia 17. Albania 18. Macedonia 19. Moldova Eastern Europe by GDP per capita - how rich the supposedly average person is: 1. Slovenia 2. Czech Republic 3. Estonia 4. Slovakia 5. Hungary 6. Lithuania 7. Latvia 8. Poland 9. Croatia 10. Russia 11. Romania 12. Bulgaria 13. Belarus 14. Serbia 15. Macedonia 16. Bosnia 17. Ukraine 18. Albania 19. Moldova It is perhaps a bit of a stretch to compare Russia to China, because in principle the US would end up being there as well. The average Chinaman is poorer than the average Albanian, while the average Russian is three times as rich. |
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