Top banker warns Russian gov’t against repeating Soviet mistakes

Gref appeared to question the Kremlin’s policies including the ban on imports.

Top banker warns Russian gov’t against repeating Soviet mistakes

AFP

October 3, 2014, 12:22 am TWN

“I beg your pardon but we import nearly everything,” said Gref, who has been widely praised for overhauling Russia’s Soviet-era lender.

He also pointed to an increasingly weakening ruble, saying that even if the national currency bounces back somewhat, consumer prices would not go down.

“We don’t have enough competition. Half of our economy is monopolized,” he added.

He appeared to target the state’s increasingly repressive policies and what many analysts call the state’s excessive role in the economy.

“You cannot motivate people through the Gulag – like in the Soviet Union,” he said. “People cannot make creative products when they don’t understand the current economic policies and business climate.”

Gred said that “we won’t fix anything before we fix the environment,” and he lamented that his efforts to establish special economic zones while he served as economy minister did not bear much fruit.

“Zones have been created but there are no incentives,” he said. “Zones are not something encircled by a fence, not always,” he added, alluding to prison camps.

http://chinapost.com.tw/international/europe/2014/10/03/418581/Top-banker.htm

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Putin said he was confident that a recent rise in inflation, linked to Russia’s restrictions on Western food imports, would be temporary because of the central bank’s policies.

Despite Putin’s upbeat prognosis and promises on economic policies, not all speakers at the conference shared the same positive outlook as the Russian president.

http://www.rferl.org/content/putin-says-russia-to-remain-open-market-economy/26617057.html

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9-24-07  

  “As long as we have President Putin, the economic policy vectors are unlikely to change,” Gref said on Sept. 21 after meeting with the president and Russia’s business and government representatives in the Black Sea resort of Sochi.  

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aRvXcj3Zx2Ks&refer=home

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Lenin statue departs Freedom Square, Kharkiv

10-2-14   When the crowd pulled down the statue on the night of September 28, sawing through one of Lenin’s legs and using cables to pull him off his pedestal, the city’s police looked on impassively.
Chanting “Glory to Ukraine” and waving Ukrainian flags, the crowd toppled with impunity a symbol of the Soviet Union that had towered over Freedom Square since 1967.  

Map of Ukraine

http://www.rferl.org/content/lenin-statue-kharkiv-selling-ukraine/26617922.html

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IMG_9564 IMG_9565 IMG_9568 IMG_9569 IMG_9570 IMG_9571

27. Cosmos is maintained upon interrelations….As material bodies act through the forces of attraction, so the entire spiritual world exists by the same law. Through this alone is life suffused by the creative impulse. The cosmic equation is based upon the equation of the chain of continuity.  -Morya:  Infinity 2, 1930

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