Smoothing Social Inequality as a Factor in Ensuring Sustainable Development in Russia

DOI

10.2991/assehr.k.200526.039How to use a DOI?

Keywords

social inequality, sustainable development, leadership, Russia

Abstract

In March 2018, Russian authorities set the task of bringing Russia to an average global GDP growth rate by the end of 2024 (3.5-4% of GDP growth per year) and to firmly establish itself in the world’s top five economies. However, the accumulated challenges and threats in Russia may make the head of state’s plans unattainable. In Russia today there is stagnation in both the economic and social spheres. Over the past 36 years, Russia has experienced a large-scale increase in the uneven distribution of national income, which exacerbates social and economic dysfunctions of the state, worsens demographic indicators and, in general, does not ensure the political stability of the state. Although there is no common understanding of the causes, nature and consequences of social inequality in society, recently there has been an increase in publications with diametrically opposed conclusions about the dynamics of global social inequality indicators. In order to reduce social inequality in Russia, it is necessary to restore the progressive scale of income taxation, which was abolished in 2000. The process of de-offshorization of the economy should smooth out polarization in society and ensure economic growth in the country: according to various estimates, 80-95% of Russia’s large property is under foreign jurisdiction. The state should reconsider its policy of reducing the free sector in education and medicine, and these social infrastructure facilities do not create distorted incentives for the “lower classes” but help them to be pulled up. It is necessary to improve the social policy of supporting families, especially young ones, with two children, as the most vulnerable and at the same time the most significant category of the population in modern Russia. The country should revive socially oriented approaches to housing policy and socially responsible business models.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Natalia Putinceva
AU  - Elena Ushakova
AU  - Olga Kim
PY  - 2020
DA  - 2020/05/27
TI  - Smoothing Social Inequality as a Factor in Ensuring Sustainable Development in Russia
BT  - Proceedings of the 6th International Conference on Social, economic, and academic leadership (ICSEAL-6-2019)
PB  - Atlantis Press
SP  - 267
EP  - 274
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200526.039
DO  - 10.2991/assehr.k.200526.039
ID  - Putinceva2020
ER  -