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Region: Economics and Sociology

2011 year, number 2

Population's competence to withstand negative impacts of the crisis: between today and tomorrow

T.YU. Bogomolova
Keywords: economic crisis, social consequences of the crisis, population's economic behavior, social attitudes, assessment of material circumstances
Pages: 115-136

Abstract

The paper compares the data of the representative opinion polls carried out in the USA, the EU and Russia concerning the issues of how the world crisis of 2008-2009 influenced the life of individuals and their families. We can state that labour problems were experienced by the people from all the said countries. In Russia, in comparison with the USA, it is the people's everyday consumption that the crisis affected substantially since most of the Russian households had had practically no assets or market involvement. Our main conclusion is that the systemic weaknesses of the economy but not the crisis entail such problems.