population lives below the poverty line. The transition from communism to a market-based economy did not create poverty in Russia‚ but it certainly made life more difficult for many groups of people. The economic transition also witnessed the "feminization" of poverty. Single-mother families and single elderly women make up a group with the highest poverty risk. In the case of single-mother families‚ poverty factors include the low individual income of the mother. The elderly also suffer from
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| | Nescafé in russia | Executive summary Table of Content * Introduction The company overview The industry overview Coffee is the world’s most valuable agricultural commodity. The coffee industry in the United States‚ and around the world‚ has exploded in recent years. Instead of simply drinking caffeinated and decaffeinated‚ coffee consumers are trying different types of coffee‚ such as‚ cappuccino‚ espresso‚ mocha‚ and latte. Consumer demand is ever increasing‚ and
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Unhappiness had been brewing in Russia for a long time‚ even back in 1861‚ after the Emancipation of the Serfs. Serfs had been freed thanks to tsar Alexander II’s reforms‚ but even though they were technically free they were forced to keep working to pay off the debts that came along with their freedom. Emancipated serfs also didn’t earn much‚ and they weren’t allowed to do what they wanted with their allotted land. Although the Russian population grew immensely in the peasant class during this time
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Montreal Olympic Games‚ Cohon decided to bring McDonald’s to Russia. It took him 14 years to open up the first store in the heart of Moscow’s Pushkin Square. The opening of the store was a grand affair and was covered in the international news. Cohon eventually opened up another 25 stores in Russia before the Ruble crisis. This paper deals with the entry of McDonald’s into the Russian market and the prevailing economic environment in Russia at the time. It will briefly outline the steps taken by the
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largely what happened in the USSR. Collectivisation is a great example of this total control that Stalin held over Russia‚ the fact he could take all of the farms and merge them together into one big farm to create more produce which was then sold or traded showed significance in comparison to totalitarianism because it showed that there was complete control over what happened all over Russia. As well as collectivisation Stalin also used terror to create a totalitarian state. The great Terror from 1936-38
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Globalisation in Russia : the challenge of the transition to the world economy Fifteen years ago‚ the Soviet Union was a socialist authoritative country‚ tightly isolated from capitalist countries. Nowadays‚ its direct heir‚ Russia‚ is one of the most quickly growing markets of the world‚ strongly open on the global economy. During the 1990s‚ Russia underwent an extraordinary transformation from a communist dictatorship to a multi-party democracy‚ from a centrally planned system to a market economy
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contributing factor for the restoration of the economy‚ enabling Russia to feed itself and the removal of the final pockets of opposition to the Bolshevik rule. The rebellion from the once loyal Kronstadt sailors forced Lenin realise that there had to be a dramatic change in Russian policy. Despite this step back towards capitalism‚ the introduction of the NEP was to be seen only as a temporary measure. Although it provided Russia with no long term solution to its future development‚ the NEP was
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Inflation in Russia Inflation in Russia is characterized by the contrast. The most striking example - unreasonably high growth rate of inflation in the medium of the poor and reduce the cost of living for the wealthy strata of the population. Poor in Russia is much more than the rich. Poor mainly acquire essential goods and the high demand for them. Because of this‚ their prices are rising faster and more intense than for other goods. As a result‚ the poor are gradually becoming poorer and the rich
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McDonald’s in Russia (Technological approach) By Donald Jordan In 1985‚ Mikhail Gorbachev started a new programme of the reformation of the USSR‚ Perestroyka. It was aimed to improve the overall technological and industrial base hoping to increase the quality of life for many citizens in the country. The openness of the Soviet Union towards the Western world led to the new stage of relationships between the country and the Western companies. One of first firms interested in the Soviet market
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Modern Russia: Overview Russia faced enormous problems in the 1990s. After 70 years of communism‚ with its planned economy and controlled currency‚ Russia was ill-equipped for a rapid conversion to capitalism. Factories were in poor repair and inefficient‚ and their consumer products were shoddy. Managers did not have the know-how to function in a market economy‚ nor were workers prepared for the uncertainties of the marketplace. The transportation and delivery system for the goods they produced
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