The lecture deals with Keynesian views on interaction between government and business — first, during the Great Depression, and then in the postwar period of economic recovery, when the role of the State in the Tandem increased, the State intensified its involvement in the business. The role of public investment into infrastructure as a cornerstone of future economic growth is characterized. Keynesian idea of the importance for economic development of investment in human capital is obtained. The features of neo-developmentalism (neo-structuralism) that have proliferated in the XXI century are analysed.
I come from the era called “dashing nineties”, I represent the team that is believed to have demolished the Soviet Union, destroyed the economy, led our people to poverty. Today they swipe us without trying to understand the essence of the processes, which took place in that period.
What kind of financial system is it, in which incredible for other countries losses of foreign exchange reserves, acquired with such difficulty over the decades, occur? It is clear that such financial system needs major adjustments.
It’s possible to say surely that for many centuries two models of relationship in society co-exist — control (diktat!) or partnership, and predominance of one or another component determines the type of corresponding public formation.