The Current State and Trends in the Management of the Socio-Economic Development of Russia

Abstract

The author supports the opinion of a number of well-known domestic and Western economists and political strategists that there is a crisis in the world order, which manifests itself in the growing contradictions between the declared globalism and the hegemony of the United States, and the current model of capitalism does not ensure economic growth not only in satellite countries and developing countries, but also in the United States. The article examined the results and possible consequences of the application of the neoliberal model of governance and preservation of power by the current comprador bourgeoisie in Russia. As the analysis showed, their implementation is based on such postulates and mechanisms as denationalization of the economy, solving budget deficit problem by selling state assets to foreigners, and the reduction of the functions of the central bank to the functions of a branch of the US Reserve System and a currency exchange office. The study showed that it is dead-end road inevitably leading to a gradual loss of the country's economic and political sovereignty. To overcome negative trends, the authors proposed a number of measures to restore an integral mechanism for managing socio-economic development, including those related to the creation of an appropriate institutional environment, formation of new management structures and restructuring of the management mechanism itself.