Russia’s Demographics: Is the Boat Sinking Again?
Russia’s Demographics: Is the Boat Sinking Again?

Author(s): Stanislav Secrieru
Subject(s): National Economy, Governance, Economic policy, Politics and society, Family and social welfare, Demography and human biology, Economic development, Migration Studies, Socio-Economic Research
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: Russian Federation; Russian demography; outflow of capital from Russia; political and economic crisis; economic uncertainty; citizens moving out form Russia; migration; decrease of human capital; social policy; population growth;
Summary/Abstract: The record high outflow of capital from Russia in 2014 is the most obvious consequence of the Kremlin’s military intrusion into Ukraine. But it is not only investors who resent the regional security crisis and economic uncertainty. Preliminary data for 2014 and early 2015 show that Russian citizens are leaving the country in greater numbers, while Russia does not attract as many migrants as before. Shrinking human capital, coupled with a massive cash exodus will, if they continue for a long period, weaken the Russian economy and might shatter its power position in the post-Soviet neighbourhood.

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