Income and employment!: Kudrin was reminded of the main indicators of the economy

One of the important factors affecting the future of the Russian GDP is the behavior of the economies of the European Union and China of the main importers of Russian raw materials. This was announced to the correspondent by the news agency on September 28 by the director of the Center for Market Studies of the Higher School of Economics Georgy Ostapkovich. So he commented on the forecast of the head of the Accounts Chamber of the Russian Federation Alexei Kudrin that by the end of 2020, the GDP of the Russian Federation will fall by 4 5%. But GDP is not the main thing, Ostapkovich emphasized. GDP is a virtual indicator that estimates the amount of market value of goods and services created domestically over a period. The main indicator is income and employment. What income people have and what employment people have are the main indicators that need to be monitored. Poverty depends on them. All social, political, economic problems arise from income and employment. Not from GDP. In this regard, Ostapkovich called for remembering the Great Recession 1920 the 1930s in the United States. After all, no one talks about what GDP was there and how much it fell, the economist said. Everyone is talking about falling incomes and rising unemployment. And what has fallen GDP there by 17 20%, not a single economist will say. Here are the main indicators that need to be monitored. Recall, as the news agency reported, earlier Ostapkovich explained that at present it is impossible to give a more or less accurate forecast about the future of Russian GDP.
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