Expert: the state must become a key player in Pridnestrovie's economy

10/27/15 14:50

Expert: the state must become a key player in Pridnestrovie's economy

According to Russian journalist and blogger Semyon Uralov, the crucial dependence of the Pridnestrovian economy on the private capital accumulated by the Sheriff corporation cannot but raise concerns

In an interview to Novosti Pridnestrovya he noted that there are powerful examples of oligarchical economy in Moldova and Ukraine.

«The oligarchy has always striven and will strive to privatise some part of governmental authority and property. It has nothing to do with good or bad oligarchs. The class behaviour of any oligarch — Ukrainian, Moldovan or Pridnestrovian — is alike," said the journalist.

According to him, on becoming supercapital any big capital competes with the public capital and strives for political dominance. Afterwards, the expert states, the supercapital begins to penetrate into public authority structures and corrupt the state.

«There are attempts to privatise the most profitable assets. The supercapital corrupts the state machinery by bribing; it buys court decisions and promotes its people to responsible posts. It is peculiar that the super capital and national oligarchy act in the same way: first the private capital reduces tax payments to the national budget and transfers big tranches to offshore zones, thus provoking a crisis in the financial sector. Then, amid the financial crisis, private corporations try to privatise the state authority through the parliament," said Semyon Uralov.

He underscored that the only way to combat the oligarchy is to establish the state monopoly.

«Since only the state as an impersonal subject can resist the private capital, which is based on private motivations of its investors, the state must be a key player in Pridnestrovie's economy. The market size allows to do it within a short time," the Russian expert expresses confidence.

 

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