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RIA Novosti

Business

Only 7% of Russians believe economy is healthy - poll

Topic: Global financial crisis

21:12 03/10/2008
MOSCOW, October 3 (RIA Novosti) - A Public Opinion Foundation poll said just 7% of Russians believe that the country's economy is in a healthy state, with 22% of respondents saying the country's financial situation is poor and 57% satisfactory.

Russia's financial system has been affected by a global credit crunch which started in the U.S. and has led to record losses on Russia's financial markets, rising interest rates and a liquidity shortage.

The poll stated a quarter of all Russians were unaware there was a global financial crisis with 73% of respondents saying they were familiar with the expression.

A total of 29% of Russians believe the global economy is in a crisis, with 19% saying they expected a financial slump soon, while 12% said they did not expect a crisis in the near future.

Asked if the global financial crisis would negatively affect the Russian economy, 32% of Russians said yes, with 8% saying they hoped the result would be positive, while 4% said the global slump would not influence the Russian economy.

A total of 25% of respondents believe the government is doing enough to protect the domestic economy from the influence of the world slump, with 16% saying the state's actions were insufficient. Only 4% believe the authorities are doing nothing to prevent a financial crash.

Some 44% of Russians believe the world economy is in a slump, while 19% said the economy was strengthening; 48% of Russians said they believe world trends affect Russia, but 17% said the influence is weak, while 5% said there was no influence at all.

Some 31% said the situation in the world economy is unfavorable for Russia, while 19% believe the opposite and think that the current trend is positive for Russia.

The poll was conducted September 27-28 in 44 Russian regions. It involved 1,500 respondents. Statistical margin of error is 3.4%.

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RIA NovostiOnly 7% of Russians believe economy is healthy - poll

21:12 03/10/2008 A Public Opinion Foundation poll said just 7% of Russians believe that the country's economy is in a healthy state, with 22% of respondents saying the country's financial situation is poor and 57% satisfactory. >>

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