Russian President Vladimir Putin argued that the Soviet Union did not collapse due to increasing nationalism in the Baltic countries. “The disintegration of the Union is based on the very inefficient economic policy of the Soviet Union, which has caused a collapse in the social sphere.”
Russian President Vladimir Putin, in his speech at the forum called “Russia is calling” held in the capital Moscow, made assessments on the Russian economy. Putin pointed out that the increase in real incomes of the people is one of the critical indicators of economic development. “Salaries are increasing in Russia, it is a known fact. However, the real disposable income of the people is in stagnation. We need to change that..
Putin said that entrepreneurship and high quality employment should be supported to ensure long-term and sustainable development. “The Russian government has been assigned to this issue. I hope that the Central Bank of Russia and the business world in Russia will perform these tasks.”
Putin said that the global economy is experiencing problems due to trade wars. In his speech, Putin answered a question comparing the process leading to the collapse of the Soviet Union and the current process in the European Union. The disintegration of the Union is based on the very inefficient economic policy of the Soviet Union, which has caused a collapse in the social sphere. ”
Putin pointed out that the economic policy in question also has long-term political effects and continued: “China is a good example of effective transformation. They managed to use the best aspects of the possibilities of central government and the development of the market economy. This could not be done in the Soviet Union. What happened with the collapse of the Union was much more negative than everyone expected.”
Visits: 86
