Mikhail Hazin: "The world sees a major U-turn and it will take its final shape in 2016"

02/06/16 13:22

Mikhail Hazin: "The world sees a major U-turn and it will take its final shape in 2016"

Pridnestrovie should support the industry, reduce the import and prevent the currency devaluation. Russian economist Mikhail Hazin expressed such opinion to the journalists at the press conference
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Tiraspol, 6 January. /Novosti Pridnestrovya/. The Russian expert noted that amid the economic crisis one of the main tasks of the state is support of export-oriented economic sectors.

«The market environment is changing now not only every half a year, but sometimes every three months. The smaller the factory, the easier it can be reorganised. The state, perhaps, should provide this production with privileges for such reorganisation," Mikhail Hazin told.

In his opinion, the present situation in world economy will end with radical change of the international economic and political relations. That's why it is very important to come out of a recession saving the economic potential.

«The world sees a major U-turn and it will take its final shape in 2016. We must be ready for this and, maybe, we'll have to put up with that a little," he noted.

The Russian economist believes that the world economy had entered the crisis similar to that one in the Soviet Union in the end of the 1980s. Drawing parallels with the USSR collapse, Hazin predicts break up at the global level — the world will break up into some independent geopolitical and economic parts, and every one of them will be an independent centre of force. According to Hazin, the foreboding of such break up is confrontation intensification in a number of regions, in particular in Eastern Europe.

«We see escalating confrontation in Ukraine. We see that the USA try to shift this problem from themselves to Germany. Of course, it is understood that Germany can't find any solution generally. We see also escalating tensions between Poland and Berlin. And all this is an evidence of the same phenomenon — an objective economic break up. It is all clear that, for example, Berlin and Paris won't nurse the Eastern Europe — they have no money for it," the expert told.

At the same time, Hazin believes that the countries of the Eastern Europe will naturally seek for rapprochement with Russia.

«The pendulum, which swung in the favor of Russia in 1945 and in 1991 — in the opposite direction, is moving in the east direction over again now. It is an objective economic tendency," Hazin is sure.

 

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