Siberia

Russia is facing many challenges: low levels of competitiveness, underinvestment, low production capacity, dependence on raw materials, poor business climate, lack of structural reform and an ageing population. Corruption and nepotism has drained the socio-economic fabric of the country.

The unemployment rate, which rose as an effect of the 2008 financial crisis, has decreased, but real wages have fallen. Social inequalities remain strong, particularly between big cities and rural areas. Only 1% of the population owns 71% of private assets. Despite the appearance of an urban middle class, the poverty rate remains at 14%.

The political pressures means that internationally supported charity projects across Russia will find it progressively more difficult to operate.

For a profile of the country we suggest the BBC website on Russia.