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Is Russia A Poor Country

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However despite the countrys immense wealth millions of Russians live below the poverty line. And the quality of education as measured by certain global standardized tests is on par with the OECD. Russia Can T Decide If It S Rich Or Poor The Moscow Times Thats what poor means. Is russia a poor country . This is evident in the countrys large income discrepancy and the accompanying poverty in Russia. This perplexing statistic prompted me to ask why politically Russia weighs so much more in the world than Belgium and the Netherlands while economically that country is hardly stronger than these two countries bordering the North Sea. Russia is definitely not a poor country. The word poor in Russia is not even close to poor in India or in Pakistan or in subsaharian Africa. More than 19 million people or 13 percent of the population have incomes below the official. Both economic growth and reform have stalled in recent years however and Russia remains a predominantly statist econ