Quality of Life and Living Standards Analysis

In this section of the book we are interested in how parameters of socio-economic policy and institutional development of the city affect the quality of population, level of well-being and quality of social services of Muscovites. The high value of institutions for the development of economy and society is now an established fact of economic theory (see e.g. [Polterovich, Popov, 2006]). Cross-country comparisons show [Rodric, Subramanian, Trebbi, 2005], that institutional factors affect the quality of life of the population more than a number of other seemingly more important factors (geography, foreign trade activity). And there is no doubt that various aspects of QOLP of a territory depend substantially on the parameters of its current socio-economic ...