Inequality grew more in Russia than in China and other former communist countries, mainly because of their different transition plans. Rich Russians also hide about three times more wealth offshore than what the country officially has in foreign reserves.
“Inequality has increased substantially more in Russia than in China and other ex-communist countries... [due to] the specific transition strategy... wealth held offshore by rich Russians is about three times larger than official net foreign reserves."
Missing some Tweet in this thread? You can try to Update
Have you tried our Twitter bot?
You can now unroll any thread without leaving Twitter/X. Here's how to use our Twitter bot to do it.
