It is not the government of homeopaths is the government pathologists

They make up a hit list of entire industries

Это не правительство гомеопатов - это правительство патологоанатомов

From the series “hooked”. Today, I read in a FB post of Deputy Minister of economy Sergey Nikolaychuk, in which the officer tried to explain the reasons for the fall in industrial production in Ukraine at 5% of the “global industrial recession”… In the final reflection, the Deputy Minister, which partly shapes our economic policies, came to a stunning depth of thought: “.. Have such umovah the yakoy got Buti strategy thisname promislovo policy? Chi General potrebna such a strategy? And Mauger Varto are Robit bet on rozvytok the hotel, given the trends “deglobalize” . . negative nalci first of all on promislovosti?…” It is noteworthy that a repost of this publication was made by the Minister of Finance, marked “good analysts have become more” in passing having thrown a stone in some “economists-homeopaths”. Who they are is hard to say, but, apparently, the present government considers to economists-the pathologists… Yes, friends, this is not economic policy, it is economic disaster, when the Ministers all power is directed to find justification for the destruction of the national industrial potential. Here is a quote from the world investment report for 2018 year, published by the United Nations conference on trade and development (UNCTAD) (maybe even the world the analyst will work on the people who make up the “hit list” of entire sectors of the Ukrainian economy):”..Industrial policy is becoming truly ubiquitous. As shown by UNCTAD’s global review of the industrial policy, for the last 10 years at least in 101 developed and developing countries (which account for more than 90% of global GDP) officially implemented the industrial development strategy. In the last five years have seen accelerating development of new strategies. Judging by this survey, the Arsenal of modern industrial policy is becoming more diverse and complex, encompassing new themes and many tasks that go beyond the traditional perspective of industrial development and structural transformation, particularly the integration and modernization of GPS, the development of the knowledge economy, the creation of sectors in connection with sustainable development and ensuring a competitive position in anticipation of the new industrial revolution (NPR). In UNCTAD’s survey the different kinds of industrial policy are grouped into three categories: capacity building, catching-up and strategies with an eye on the NDP. About 40% of industrial development strategies include vertical policies in support of development of specific industries. In just over a third of the strategies is dominated by horizontal policies to improve competitiveness, to ensure the catching-up with access to the forefront of productivity. And a quarter of strategies aimed at achieving an adequate level in anticipation of a new industrial revolution. About 90% of variants of a modern industrial policy include the detailed development of investment policy instruments – primarily incentives and performance requirements of the investors, special economic zones, incentives and facilitation of investment activities and, increasingly, the mechanisms of monitoring the implementation of the investment. In all three models in the packages investment policy shall apply a similar investment policy instruments, which differ in their focus and intensity. Thus, modern industrial policy is one of the key factors determining trends in investment policy. In fact, more than 80% of measures of investment policy was from 2010, focused on the industrial system(manufacturing industry, additional services and industrial infrastructure), and about half of them directly serve the goals of industrial policy. Most of them span a number of industries, and about a tenth of focus on a particular sector of manufacturing

Alex Kush
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