Date: 6 months ago   Category: Economy

Kudrin saw danger in the transaction of Russia and OPEC

The transaction about reduction of volumes of oil production within OPEC will turn back decrease in rates of economic growth for Russia, the chairman of Audit Chamber Alexey Kudrin believes. Interfax reports about it.

the Agreement was reached on December 7. Within it members of OPEC agreed to reduce oil production in total by 800 thousand barrels a day, and partners of cartel, including Russia, - on 400 thousand (from which 200 thousand it is the share of the Russian Federation).

Kudrin emphasized that he always opposed similar "temporary solutions for price stabilization" as they reduce motivation for increase in productivity in spheres of production, processing and sale of hydrocarbons. the Head of the Audit Chamber also called

the main risks for the Russian economy.

"If to speak about calls of more short-term, is, of course, price of oil, these are sanctions, decrease in number of able-bodied population - at us remains a problem of a lack of human resources for economic growth", - Kudrin told.

according to him, a lack of human resources will have negative impact on economic growth the next 6 years. His official urged to compensate by means of increase in labor productivity.

Also it referred restriction of access to technologies and world financial resources (their Kudrin considers "rather situational") and also lack of structural reforms to risks, first of all reforms of a state administration. Besides, the chairman of Audit Chamber is sure that the serious risk for economy is born by low growth rates of real income of the population (about 1% in 2019). Kudrin also suggested to complement with

indicators of development of the country by the index of happiness. According to him, GDP loses the objectivity, and poverty, life expectancy, overcoming inequality and freedom of choice become the main indicators of development.

"As the economist I consider that we have to discuss, measure the level of happiness", - the chairman of the joint venture said.

the Index of happiness is considered one of GDP alternatives. It considers GDP per capita, the scale of social support in the country, the expected life expectancy, an opportunity to independently make important decisions, generosity and trust to business and the authorities. In the rating of the UN by the index of happiness Russia takes the 59th place from 156.



just now

To add honey to tea looks much more safely, than you are purposefully stung by poison of bees or to use bee products or their buzz for diseases of About it MZ conductress Ulyana Suprun reported abou...

just now

The famous Russian expert in the field of dietology told, to properly eat that who should control the budget strictly. The expert said: it is impossible to save on meat and fish. Meat and fish. The...

just now

Scientists emphasize: the bacteria useful to one person can do harm to another. As notes New Scientist, the attention of the immunologist Martin Kregel from Yale University was drawn by microflora of people with an anti-phospholipid syndrome. This autoimmune frustration at which the immune system attacks the protein necessary for blood fluidifyin...

just now

On June 20, from 7 in the morning and until late at night, the team of NEWSONE TV channel, headed by your favourite leaders, will do everything that you were aware of what occurs in Ukraine today. i...

just now

In a capital segment of Facebook there was a volunteer association "Kiev Residents for Groysman" which supports the acting prime minister and its reform. Public activists call themselves sane resident...

just now

Near Mariupol the man nearly ran into the mine which is sticking out in the middle of the road. As 0629 was reported by Semyon, for the first time he saw a mine shaft on the road of the leader from...

just now

The main fight for shares of the Russian market between car makers was developed in SUV segment. It also is clear: demand for "SUVs" only grows. And therefore in a pursuit of potential clients concern...

just now

The head of VMware Pat Gelsinger was in the lead in the list. He received the highest rating in 99 percent. Specialists of Glassdoor service published the rating of the best heads of the companies w...