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Countries with reserve currencies, sufficient fiscal capacity to implement soft fiscal policies, and access to global capital markets have the best chance of recovering from the coronavirus crisis. The rest may need external assistance. These are the conclusions drawn by Alexei Kireyev, leading IMF economist and visiting professor at HSE University’s School of World Economy.
Middle-class Russians are more likely to reduce spending on the development of their own human capital and prioritize investing in their children instead, particularly when it comes to their children’s education. This is evidenced by a study conducted by the Centre for Studies of Income and Living Standards of HSE University.
Researchers Yulia Chilipenok, Olga Gaponova, Nadezhda Gaponova and Lyubov Danilova of HSE – Nizhny Novgorod looked at how the lockdown has impacted Russian women during the COVID-19 pandemic. They studied the following questions: how women divided their time; how they worked from home; how they got on with their partners and children; and how they dropped old habits and started new ones in relation to nutrition, health, beauty, and self-development.