How policy affects the economy? Why is it so hard to make painful decisions for the society, even if they are necessary for the development of the state?In
the circle of economists at the World Forum "Russia 2012", Prime
Minister Vladimir Putin expressed his doubts about the effectiveness of
the democratic system can cope with the challenges of economic crisis. Reply to Prime Minister decided to Nobel Laureate in Economics Paul Krugman.
As an illustrative example of the problems of democracy Putin cited a situation where the economic growth needed to make a decision on the reduction of social spending. "Who votes of the deputies? Who raised his hand? Identified by name, posted on the Internet, the next time it will not be elected to parliament. That's the problem!" - Exclaims the prime minister. He stressed that for this reason, and "do not vote, do not accept, perhaps painful, but necessary decisions."
Putin recalled the situation in Argentina. "Instead of having to consolidate and solve problems, it is obvious to experts, the obvious to society and political parties, the people on the street began to show, showcases beat and blow up the banks" - outraged the prime minister. "How such a system workable - asked Putin. - What you need to be modified to not start the economy to a standstill and not to reduce the country's position with the world?"Need to modify the principle of formation of government and not to take political model in Russia as an absolutely correct and meets the interests of the people. The very perception of Putin's times when you need to take "necessary for the state to society and painful" decision suggests that the state alienated from the people and confronts him as completely anti-national apparatus of violence. The fact that action to reduce social expenditures necessary for the development of the state lying liberal mantra, which is used by more than 20 years, all the cutting and reducing the social costs and benefits oligarchic capital, as well as the development was or not. And will not, because it does not for the development of reduced social spending, and to enrich a handful of oligarchs. And if MPs vote for cuts in social spending, the nation must not only not to elect deputies, and to withdraw them and attract criminal liability for failure to comply with its obligations to protect the interests of voters.Who is and who should have been consolidated in Argentina? After all, the bankers had plenty of time to stop robbing the people, but they do it, just do not want to, and can not be consolidated with the poor people. With the people they robbed. It is evident truths, which for some reason not clear to Putin and his entourage, who rely on experts, but rather to its subservient.
The head of Sberbank German Gref, has agreed that, due to a total of populism among the leaders of the situation came to a standstill. "Everyone says the problem is not that we do not know what to do. We do not know how, after that we will do what is necessary, we once again be elected" - emphasizes Gref. He adds that this is a systemic problem. "Perhaps we should talk about finding new answers to old questions," - says the head of Sberbank.
That's because even the head of Sberbank shouts populism as an unacceptable policy as to obtain profits in excess of shifting the bits of paper is not populism, but, to put finance at the service of industrial production and the society is populism.MPs, among other things, should not think about how to sit forever in the State Duma, and how to best implement the voters' how to lay the groundwork for the development of the whole society, not the enrichment of a handful of parasites."Can I say a few words about democracy? I really think you need to say something," - replied the Nobel Prize winning economist Paul Krugman. Starting with a quote by William Churchill, "Democracy - the worst political system except for all those we have already tried" (Russian translation of the standard "Democracy - a bad system, but the rest is even worse"), the economist described the alternative situation where decisions are made by a limited number of professionals who do not care to please the citizens.
"It is believed that the decision to merge in a room of serious dispassionate people who do not have concern for their political rating. This is absolutely the wrong picture. No one is wrong, as serious people! They suggested the worst political ideas, though they were the best professionals ! " - Krugman says.
The Economist cites the example of the recent enthusiasm for narrow specialists for deregulation, "They say that there is nothing wrong with lending boom, and now they say, if everyone saves, then recovery will be" [Krugman holds the opposite opinion]. A similar situation was observed not only in economics, Krugman notes. In 2002 a large part of the community was opposed to the war in Iraq, but politicians have decided to start it.
"The main problem now - it's not something that interferes with populism make the right decision, and that bad ideas promoted by the elite, prevent us from doing right," - emphasizes Krugman. Under democracy - it's not the way forward, concluded the professor.
The ideas of the so-called elites are an expression of class interests that oppose the rest of society, but because all of their ideas to enrich the ruling financial oligarchy and impoverished nations. This is the destructive policies of the world. And no matter experts, they fancied themselves not their time is over. And those who do not look at politics from a class position, indeed, in the words of Vladimir Lenin, it is necessary to plant cells and to show how the Australian kangaroo.
Chubais in Russia can not do anything without government What do I need to arise innovative economy? On this question in the forum "Russia-2012," said Chairman of the Board "RUSNANO" Anatoly Chubais. In his view, the role of government in this matter overrated.Speaking at the forum "Russia 2012", chapter "RUSNANO" Anatoly Chubais said that foreign investors must be "protection of the state." Without these guarantees, they do not go to Russia.
Chubais said that in the last thousand years in Russia, nothing happened without government assistance. The state - is the handle of the truck, "you want to start, start, start, and then he will go."
At the same time Chubais said that, of course, the country needs competitive, independent judiciary, democratic political system, the state's withdrawal from the economy, but all Russia needs an active role in the economy.
Chubais, an ardent supporter of privatization and government withdrawal from the economy, clearly understands that the state plays a crucial role in economic life and society and it is important to not that the state has gone from the economy and the state to protect and defend the interests of Chubaisa and its environment, in fact, they inovatory. That awareness of the decisive role of government in society and pushes them to the falsification of popular representation, electoral fraud.They have long captured the state and all of its plant and to replenish their pockets and did not intend to give the people of the state, continuing to indicate the place and role of the state.
Klepach: high interest rates on loans remain High interest rates on the interbank market and lending to the real sector will continue until mid-2012, said Deputy Economic Development Minister Andrei Klepach.
Loan rates remain high"It is clear that in the medium-term rates, rather, should be reduced. But an advance that has happened now, it has a moderating role (in the development of real sector - Ed.) Will provide," - said Klepac, speaking at the forum "Russia 2012" .
"Because the growth rate of loans rather high and even higher than expected." But in 2012, "an increase in banks' loan package will be substantially lower - not 36% (in 2011 - ed.), And 20-something percent."
"And the current high rates until at least mid-year saved, it is unlikely they will fall," - said the deputy minister.
The development of, say! Well, well! Mr Putin and Chubais. What kind of development can be when interest rates on loans are extremely high. In Japan, the European Union and the United States the cost of credit reduced to zero, in order to provide the necessary cash economy and to promote industrial recovery, and you all are doing demagoguery, talks about consolidating, and are contributing to enrich the financial oligarchy and the collapse of Russia.
I think that today it is obvious to the thinking citizen of the country, and swing them will not succeed.
As an illustrative example of the problems of democracy Putin cited a situation where the economic growth needed to make a decision on the reduction of social spending. "Who votes of the deputies? Who raised his hand? Identified by name, posted on the Internet, the next time it will not be elected to parliament. That's the problem!" - Exclaims the prime minister. He stressed that for this reason, and "do not vote, do not accept, perhaps painful, but necessary decisions."
Putin recalled the situation in Argentina. "Instead of having to consolidate and solve problems, it is obvious to experts, the obvious to society and political parties, the people on the street began to show, showcases beat and blow up the banks" - outraged the prime minister. "How such a system workable - asked Putin. - What you need to be modified to not start the economy to a standstill and not to reduce the country's position with the world?"Need to modify the principle of formation of government and not to take political model in Russia as an absolutely correct and meets the interests of the people. The very perception of Putin's times when you need to take "necessary for the state to society and painful" decision suggests that the state alienated from the people and confronts him as completely anti-national apparatus of violence. The fact that action to reduce social expenditures necessary for the development of the state lying liberal mantra, which is used by more than 20 years, all the cutting and reducing the social costs and benefits oligarchic capital, as well as the development was or not. And will not, because it does not for the development of reduced social spending, and to enrich a handful of oligarchs. And if MPs vote for cuts in social spending, the nation must not only not to elect deputies, and to withdraw them and attract criminal liability for failure to comply with its obligations to protect the interests of voters.Who is and who should have been consolidated in Argentina? After all, the bankers had plenty of time to stop robbing the people, but they do it, just do not want to, and can not be consolidated with the poor people. With the people they robbed. It is evident truths, which for some reason not clear to Putin and his entourage, who rely on experts, but rather to its subservient.
The head of Sberbank German Gref, has agreed that, due to a total of populism among the leaders of the situation came to a standstill. "Everyone says the problem is not that we do not know what to do. We do not know how, after that we will do what is necessary, we once again be elected" - emphasizes Gref. He adds that this is a systemic problem. "Perhaps we should talk about finding new answers to old questions," - says the head of Sberbank.
That's because even the head of Sberbank shouts populism as an unacceptable policy as to obtain profits in excess of shifting the bits of paper is not populism, but, to put finance at the service of industrial production and the society is populism.MPs, among other things, should not think about how to sit forever in the State Duma, and how to best implement the voters' how to lay the groundwork for the development of the whole society, not the enrichment of a handful of parasites."Can I say a few words about democracy? I really think you need to say something," - replied the Nobel Prize winning economist Paul Krugman. Starting with a quote by William Churchill, "Democracy - the worst political system except for all those we have already tried" (Russian translation of the standard "Democracy - a bad system, but the rest is even worse"), the economist described the alternative situation where decisions are made by a limited number of professionals who do not care to please the citizens.
"It is believed that the decision to merge in a room of serious dispassionate people who do not have concern for their political rating. This is absolutely the wrong picture. No one is wrong, as serious people! They suggested the worst political ideas, though they were the best professionals ! " - Krugman says.
The Economist cites the example of the recent enthusiasm for narrow specialists for deregulation, "They say that there is nothing wrong with lending boom, and now they say, if everyone saves, then recovery will be" [Krugman holds the opposite opinion]. A similar situation was observed not only in economics, Krugman notes. In 2002 a large part of the community was opposed to the war in Iraq, but politicians have decided to start it.
"The main problem now - it's not something that interferes with populism make the right decision, and that bad ideas promoted by the elite, prevent us from doing right," - emphasizes Krugman. Under democracy - it's not the way forward, concluded the professor.
The ideas of the so-called elites are an expression of class interests that oppose the rest of society, but because all of their ideas to enrich the ruling financial oligarchy and impoverished nations. This is the destructive policies of the world. And no matter experts, they fancied themselves not their time is over. And those who do not look at politics from a class position, indeed, in the words of Vladimir Lenin, it is necessary to plant cells and to show how the Australian kangaroo.
Chubais in Russia can not do anything without government What do I need to arise innovative economy? On this question in the forum "Russia-2012," said Chairman of the Board "RUSNANO" Anatoly Chubais. In his view, the role of government in this matter overrated.Speaking at the forum "Russia 2012", chapter "RUSNANO" Anatoly Chubais said that foreign investors must be "protection of the state." Without these guarantees, they do not go to Russia.
Chubais said that in the last thousand years in Russia, nothing happened without government assistance. The state - is the handle of the truck, "you want to start, start, start, and then he will go."
At the same time Chubais said that, of course, the country needs competitive, independent judiciary, democratic political system, the state's withdrawal from the economy, but all Russia needs an active role in the economy.
Chubais, an ardent supporter of privatization and government withdrawal from the economy, clearly understands that the state plays a crucial role in economic life and society and it is important to not that the state has gone from the economy and the state to protect and defend the interests of Chubaisa and its environment, in fact, they inovatory. That awareness of the decisive role of government in society and pushes them to the falsification of popular representation, electoral fraud.They have long captured the state and all of its plant and to replenish their pockets and did not intend to give the people of the state, continuing to indicate the place and role of the state.
Klepach: high interest rates on loans remain High interest rates on the interbank market and lending to the real sector will continue until mid-2012, said Deputy Economic Development Minister Andrei Klepach.
Loan rates remain high"It is clear that in the medium-term rates, rather, should be reduced. But an advance that has happened now, it has a moderating role (in the development of real sector - Ed.) Will provide," - said Klepac, speaking at the forum "Russia 2012" .
"Because the growth rate of loans rather high and even higher than expected." But in 2012, "an increase in banks' loan package will be substantially lower - not 36% (in 2011 - ed.), And 20-something percent."
"And the current high rates until at least mid-year saved, it is unlikely they will fall," - said the deputy minister.
The development of, say! Well, well! Mr Putin and Chubais. What kind of development can be when interest rates on loans are extremely high. In Japan, the European Union and the United States the cost of credit reduced to zero, in order to provide the necessary cash economy and to promote industrial recovery, and you all are doing demagoguery, talks about consolidating, and are contributing to enrich the financial oligarchy and the collapse of Russia.
I think that today it is obvious to the thinking citizen of the country, and swing them will not succeed.
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