Financial Behavior of the Russian Population: Regional Differences

Author:

Shneiderman I. M.1ORCID,Yarasheva A. V.1ORCID,Makar S. V.2ORCID

Affiliation:

1. Institute of Socio-Economic Studies of Population, Branch of the Federal State Budgetary Scientific Institution Federal Center of Theoretical and Applied Sociology of the Russian Academy of Sciences (ISESP FCTAS RAS)

2. Financial University under the Government of the Russian Federation; National Research Ogarev Mordovia State University (MRSU)

Abstract

The introductory part of the article specifies the aim and objectives of the study, reflecting some of the important outcomes of the interregional differentiation in the financial behavior of the population of individual Russian territories (in more detail – regions of the Far Eastern Federal District, FEFD).The main section of the article identifies interregional differences in the financial behavior of the population of the considered regions of the country, including the FEFD territories, based on statistical methodology and using official statistics. The authors conducted a comparative interregional analysis of the structure of consumer spending, average per capita deposits, and public debt on loans granted by credit institutions for the period 2018–2020. Specific statistics show that the FEFD regions are experiencing a negative trend of accelerating the debt of the population to credit institutions.The article concludes with outcomes of an interregional comparative analysis of the considered characteristics, reflecting the emerging negative trends in the financial behavior of the population, showing that parts of the eastern part of the country lag markedly behind the general trend in social and economic development.

Publisher

Information and Publishing Centre Statistics of Russia

Reference14 articles.

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4. Renzin O.M., Trop T.I. Financial Behavior of the Population: Regional Aspects. In: Minakir P.A. (ed.) New Asian Politics and the Development of the Russian Far East: Proc. of the Int. Sci. Conf. (Khabarovsk, December 4–5, 2019). Khabarovsk: IRI FEB RAS; 2020. P. 328–337. Available from: http://www.ecrin.ru/159-2020-books/1447-newasian-2020. (In Russ.)

5. Makar S.V., Yarasheva A.V., Simagin Y.A. Spatial Development of the Russian Far East: Demographic and Socio-Economic Factors. Population. 2021;24(1):117–130. (In Russ.) Available from: https://doi.org/10.19181/population.2021.24.1.11.

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