Abstract:

The problem surrounding Social Policy in Russia is due to internal and external factors. The aauthors analyse the challenges of effective social policy evaluation with different analytical materials by first given the definition of effectiveness with the aid of formula, then describe the types of social policy presented by Esping-Andersen and Abrahamson. The authors also analyze three main factors (inflation rate of oil, the rate of dollars against rubles and the pulling out of foreign investors) that lead to crises in Russia. In conclusion, the authors decide that the insufficient effectiveness of Russia´s social policy is primarily associated with tight budget constraints due to the crisis

Keywords: budget;, economy, social policy, investors, crises, inflation, effectiveness