The economic crisis Is threatening the existence of the relatively young middle class In Russia, bringing a loss of Income and even jobs. The middle class, which used to be considered one of the guarantees of economic growth In Russia, Is shrinking. The deterioration in levels of Income Is reflected, among other things, in changes in shopping and consumption trends. As a result, businesses from Russia and abroad are being forced to adapt to the new conditions.
Translated title of the contributionRussia's middle class in Crisis: Shopping and consumption trends in flux
Original languageGerman
Pages (from-to)143-152
Number of pages10
JournalOsteuropa
Volume67
Issue number5
StatePublished - 1 Jan 2017

ID: 14094096