GDP Economy

Our economy, and its young companies lack the resources for development – capital, working capital etc. At the same statements about overheating Kudrin Russian economy and an excess of money by some strange coincidence does not correspond to a low level of monetization (the ratio of M2 to GDP) of our economy – about 40%, whereas in China it is 165%, while in developed countries, more than 100%. These symptoms of financial famine is particularly strong against the backwardness of the Russian financial system. On the contrary the advanced economies do not have this disease. In a more advantageous situation turned out to be our major companies, formed as a result of privatization, particularly of raw materials. Their cash flows are deployed for export, can obtain funding on international markets. Therefore, it was absolutely wrong to copy the tax system developed countries (the former on their stage of development quite different), our Russian reality. Our economy is in need of development resources, and if they can get through more effective tax policy, then their should be given, and as soon as possible, particularly warranted in the favorable commodity market conditions.

Otherwise, then it will make more and more complicated. On the contrary position is controversial enough Treasury – offers to postpone the transfer of matter beyond the horizon of 2010, ie when the budget surplus under the draft 3-year budget will be gradually reduced. Therefore, the solution of this issue in the future may be rejected as it was and to this day, despite huge budget surpluses over the past few years was, for example in 2007, 1.78 trillion rubles, or 5.5% of GDP. As you know, the world's capital seek to where it higher return, ie where lower risks, costs and taxes. Ie there where the factors of successful business development, the absence of global counterfeiting problems or the so-called investment climate is better.