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News

Higher School of Economics continues to monitor the social well-being of the country's population

The Institute for Social Policy continues to publish monitoring of the socio-economic situation and social well-being of the population.

Experts of the Institute Lilia Ovcharova, Marina Krasilnikova and Alina Pishnyak, authors of the new issue of monitoring, presented an analysis of the situation in the country in the first semester of 2020. Restrictive measures aimed at curbing the spread of coronavirus infection have resulted in the suspension of many economic activities. Despite the government's efforts to support incomes, their decline was inevitable: the real disposable income of the population fell by 8% compared to the same period of the previous year. The population preferred to save, while reducing their expenditures on goods and services. Social and economic difficulties due to the confinement led to a significant deterioration of people's subjective perceptions of social and economic processes, the dynamics of which by the end of the half-year allows us to hope that the situation has entered the phase of recovery. 

The monitoring is available here