Translated material
Cursed by raw materials
The UN warns: the global economy is in threat of financial crises, natural disasters and civil conflicts, rampant growth in food prices and energy produces greatly shaken the world economy. This is the main conclusion of the report “Overview of the global economic and social situation in 2008: overcoming economic insecurity” prepared by the Department of Economic and Social Affairs of the United Nations (UN) secretariat.Riot on the ship
"Food riots, which erupted in the beginning of 2008 in a number of countries, revealed the vulnerability of the economic situation of those who are on the lower steps of development," the report emphasizes.
So writes the UN Economic insecurity is due to the exposure of individuals, communities and countries of the risk of adverse events and their inability to resist these events and recover (accurate citation. - “newspaper”) after losses incurred as a result of the decline ... In order to create conditions under which individuals, households and communities could engage in daily activities with a reasonable degree of predictability and stability with proper accounting of the goals and interests of others, a strictly performed public contract is necessary ... Such actions (on risk management) require not only the direction of significant investments for the implementation of measures to prevent, ensure the readiness and mitigate the consequences, but also the creation of a dense network of institutions that fasten the entire social sphere, in order to create conditions under which individuals, households, companies and communities could engage in everyday activity with a reasonable degree of predictability and stability with proper goals and interests of others. |
The UN argues that you can end the poverty and the economic insecurity that it generated only due to the rapid increase in employment in the formal sector (the UN experts include the non -Nen -general sector), in particular, in agriculture. As for the urbanized areas, the development of labor -intensive production in the manufacturing industry and the improvement of the services sector will be saved here. In countries where agriculture is still one of the main sources of income and export revenues, economic policy should be aimed at smoothing cyclic fluctuations in raw materials prices. And stabilization funds will help to solve this problem.
Reduce taxes and die
The UN knows how to solve the problem of poverty. To do this, developing countries, in whose number they include Russia, must be climbed into their stabunds. The volume of reserves that the countries have accumulated has already exceeded $ 4.5 trillion. "The annual allocation of only 1% of these assets would be approximately $ 75 billion, which is three times higher than the amount of total loans provided for the year by the World Bank," the UN experts calculated. At the same time, the volume of possible credit funds can be doubled by investing these resources in development banks.
True, the expert of the Moscow Representative Office, Vladimir Popov, who spoke yesterday at the presentation of the report, contrary to the statements of the report, believes that for Russia, whose economy is greatly dependent on raw materials, it is impossible to squander gold and water reserves. The reason is the unpredictability of world oil prices, which do not depend on the classic market attributes: supply and demand. “Oil prices have already dropped to $ 10 per barrel and can roll back to this level again,” the expert is sure. According to Popov, oil is rather not good, but a curse of Russia. The UN expert proposed its recipe for the macroeconomic policy of the Russian government: "During high oil prices, it is necessary to increase reserves and in no case do not reduce taxes, since stable tax revenues will help to eliminate infrastructure gaps, which are one of the most important obstacles to economic growth."
07/01/2008 / Ksenia Nechaeva, the material was published in the "newspaper" No. 121 dated 02.07.2008.