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Pavel Minakir: "The rate of growth is not a toy for bureaucrats"

Director of the Economic Research Institute of the Far East Branch of the Russian Academy of Sciences, academician Pavel Minakir gave exclusive interview with EastRussia. The main topics of the conversation were questions of Russia's participation in the SCO, attraction of foreign investments and development of the Far East of the country.

In particular, Pavel Minakir told the EastRussia correspondent that “for Russia and China, the SCO is a form of demonstrating their own approach to regional security. There is an economic component in the SCO, but it is secondary. " As a result, according to the expert, the transition of the SCO member states to mutual settlements in national currencies will not entail practically any consequences for the national financial systems. “The dollar will simply not notice it,” noted Pavel Minakir.

Speaking about the prospects for the development of the Russian Far East, Pavel Minakir emphasized the need for a clear diagnosis of the economic threats that are characteristic of this territory. “Growth rate is not a toy for bureaucrats. This is the result of very complex processes of a structural, technological, price, motivational, institutional nature. All these "searches for wonderful recipes" are a consequence of ambitious officials' false ideas about the presence of some threats that need to be feared. "

“There are indeed threats, but this is not at all the GDP growth rate (GRP). And not the absence of any specific processing industries, by the way. A real threat is the gap in the degree of business comfort in the Far East and in neighboring countries, from where we dream of receiving investments. The real threat is the low level of communal infrastructure, not the BAM and Transsib, but intraregional communication routes for people and goods, which tears apart the economic space even in the south of the region. The real threat is the lack of career and income prospects for youth in the region itself. A real threat is the copying of all-Russian standards when making economic and social decisions without taking into account the specifics of the region. The latter, however, is not a purely Far Eastern problem, "the expert explained to the EastRussia correspondent.

Speaking about the development of the Far East, Pavel Minakir also dwelled on one of the key, in his opinion, disagreements underlying the model of priority development territories created by the state. “We need to decide on the priorities: to encourage investors or to solve the problem of employment in the territory ... It would be possible to focus on the“ local labor market ”if it were an economic advantage in itself. However, the Far Eastern labor market, as well as the Russian in general, is not such an advantage, ”the expert concluded.

The full text of the interview can be found on the link:“Pavel Minakir: The economy is not very interested in what kind of investment report will come from the governor to the presidential administration

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