Exploring the Challenges of Living in Post-Soviet Russia
Exploring the Challenges of Living in Post-Soviet Russia Russia today is one of the world’s most powerful countries, with a large population, vast resources and the world’s largest military. But living in post-Soviet Russia has its own set of challenges. This article takes a closer look at the issues of living in the post-Soviet period, from economic inequality to globalization. The fall of the Soviet Union was marked by reforms and was accompanied by an economic collapse. While it allowed for greater freedom and democracy, the transition to a market economy was not without its own set of problems. The transition saw the country suffer from inflation, declining living standards, food shortages and a drop in life expectancy. Real incomes of individuals have also been in decline since the 1990s and have yet to recover. The economic instability has led to increased economic inequality. The rich are getting richer, while the poor continue to suffer. Russia’s poverty rate is among the hig...