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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UDC
33 Экономика. Народное хозяйство. Экономические науки
308 Социология. Описательное изучение жизни общества
Date of publication
16.10.2018
Public year
2018
DOI
10.31857/S020736760000810-0
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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Annotation

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. 

About authors
Abel Aganbegyan
academician of RAS; head, department of the Russian presidential Academy of national economy and public administration (Ranepa)
RANEPA
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