NEW ECONOMIC POLICY IN RUSSIA – A RESPONSE TO CHALLENGES: PROBLEMS, REALITY, PERSPECTIVE

Abstract

In the article, the author conducts a new theoretical analysis of the Russian Federation’s new economic policy launch. The study is based on the growing discussions about resolving the issue of changing the monetary policy in the Russian Federation. According to the leader of our state V.V. Putin, in the next decade, the fate of the whole world will be decided, connected with the transition from a unipolar world order to a multipolar one, with the movement of economic centres from the West to the East and Asia. Over the past year and this year, at many international forums and conferences, the thesis has repeatedly expressed that the Western capitalist model has reached an impasse and no longer works properly. And as First Deputy Prime Minister A. Belousov said today that the world economy is in a perfect storm, and no one knows when it will end. At present, we already see all this not only in theory but also in practice. As the leader of our country stated, openness, ensuring technological sovereignty, reliance on entrepreneurial freedoms, a balanced macroeconomic policy and social justice should become the principles of Russia’s new economic policy. The critical problem of interest to us is the obstacles, difficulties, and myths that await our state’s leadership in the course of the implementation of this project.