The vat rise and the increase in the retirement age are not the measures to start with, when setting about he solution of long-run problems
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The vat rise and the increase in the retirement age are not the measures to start with, when setting about he solution of long-run problems
Annotation
PII
S020736760000810-0-1
Publication type
Article
Status
Published
Authors
Abel Aganbegyan 
Occupation: Academician of RAS
Affiliation: Russian Academy of National Economy and Public Administration under the President of the Russian Federation
Address: Russian Federation
Edition
Pages
5-12
Abstract

The author concentrates on major shifts in economic policy and maintains that the VAT rise and an increase in the retirement age in the near future may negatively affect the economic growth and the living standards of the population. He suggests a number of measures being taken sequentially with the view of creating more favorable conditions to solve such key problems as the acceleration of the economic growth and ensuring social security for senior citizens.

Specific macroeconomic indicators are given, sticking to which, with active economic policy in the next 1-2 decades, will result in sustainable economic recovery. 

Keywords
retirement age, healthy life expectancy, VAT, structural reforms, ownership forms ratio change, investment credit, deficit financing of the state budget
Received
14.10.2018
Date of publication
16.10.2018
Number of purchasers
10
Views
753
Readers community rating
0.0 (0 votes)
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