Shokhin Proposes New Economic Model with Three Pillars
According to Shokhin, the first 'keystone' is always a person, the second is private business, and the head of RSPP called innovative technological solutions the third 'keystone', reports RBC.
Consensus
- Alexander Shokhin, head of RSPPP, proposed replacing the 'seven pillars' economic model with a 'three pillars' model.
- The three pillars are development of people, business, and technology.
- The first pillar is people, involving investment in education, healthcare, infrastructure, quality of life, and self-development.
- The second pillar is private business, requiring predictable and secure operating conditions including fiscal and regulatory stability.
- The third pillar is innovative technological solutions, to be applied across government, entrepreneurship, energy, and infrastructure.
- Shokhin stated that investments in people are fully self-justifying and that responsible companies should care for both employees and local communities.
- The proposal was made in interviews with RBC before the Eastern Economic Forum.
Points of divergence
- Business consultant Ilya Ruyasev stated that household spending, non-resource industrial capacity utilization, and moderate inflation will allow Russia to remain the world's fourth-largest economy. — vm
- Minister of Finance Anton Siluanov said in June that Russia will soon be able to repay its external debt and has achieved absolute financial sovereignty. — vm
- The 'Third Rome' analytical center developed a plan based on the 'seven pillars,' which differs by advocating that the state should not act as the main investor in the new market, but rather free it for business and citizens. — kommersant
Coverage (4 sources)
- Shokin proposed a new model of the Russian economy based on 'three pillars' — Вечерняя Москва
- Shokhin proposed replacing the 'seven pillars' with 'three keels' in the economy — Ведомости
- Shokhin proposed transforming the "seven pillars" of the new economy into "three pillars" — Коммерсантъ
- RSPP Head Shokin named three pillars of Russia's new economic model — Москва 24
Key entities
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