Russian liberal economic model: truths of reason or truths of fact?

Косьмин А.Д.1, Кузнецова О.П.1, Косьмина Е.А.2, Кузнецов В.В.1
1 Омский государственный технический университет
2 Омская гуманитарная академия

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Volume 11, Number 1 (January 2017)

Please, cite as:
Kosymin A.D., Kuznetsova O.P., Kosymina E.A., Kuznetsov V.V. Liberalnaya model rossiyskoy ekonomiki: istina razuma ili fakta? // Kreativnaya ekonomika. – 2017. – Tom 11. – № 1. – S. 107-134. – doi: 10.18334/ce.11.1.37475.

Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=28320319
Cited: 10 by 30.01.2024

Abstract:
This work aims to show the economic base and "activity" limits of the liberal model of the Russian economy. Considering the results of the study we offer to make a sharp "U-turn" from the deregulation policy which was popular in the last century, privatization and reduction of state presence in the economy to the widest possible use of state regulatory mechanisms that form the institutional business environment along with the more traditional fiscal and monetary policies in order to improve the competitiveness and inclusive growth. Only the state with its "much enlightened" class is able to assess sensibly the situation and take on the burden of the country's transformation under the laws of natural and social harmony.

Keywords: liberal economic model, teleological mechanisms of "visible hand of the state" and "invisible hand of the market", ontological principles of economic life, industry structure deformation, optimal balance

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