Oreshkin named six priorities of the new economic model

The new model of economic development for the coming years will be based on six basic principles, said Maxim Oreshkin, aide to the President of Russia, during his speech at the marathon of the Knowledge Society.

The first is “development of one’s country,” said the presidential aide. Not enough attention has been paid to this in previous years, he added. In particular, in Russia, the share of imports in domestic consumption is 23%, that is, every fourth product or service consumed by citizens and companies was imported. In the United States, for example, this share is 15%, “this is the example to strive for,” Oreshkin said. The transition to this level means an opportunity to increase domestic consumption by about 40%. The creation of infrastructure will play a key role, Oreshkin said.

The second is the reduction of geographical and social inequality. It is already happening thanks to programs to support families with children from 0 to 17 years old – in the case of low income, such families can receive payments, Oreshkin noted. An increase in income also leads to an increase in consumption, which stimulates the development of the economy, he added.

The third is new international cooperation, the presidential aide noted. It should be based not on simple import and use of foreign platforms, but on technological partnership and industrial cooperation, Oreshkin emphasized. The change will occur due to a change in the vector of international cooperation to the east and south, as well as the involvement of small and medium-sized businesses in the circuit, he said. According to Oreshkin, marketplaces will also help small companies enter the international market.

The fourth is technological and personnel sovereignty. For this, investments are being made in the education system, the presidential aide noted.

The fifth is a new level of economic efficiency. We are talking about automation, lean manufacturing, optimization of procedures, robotization, Oreshkin pointed out. For the labor market, this is lifelong learning, receiving new compensation during work. The competitive advantage of the Russian economy should be high labor productivity and technological platforms. An increase in production efficiency will also lead to an increase in wages. According to Oreshin, in April wage growth should be 10% compared to last year.

The sixth is the reengineering of institutions and the platformization of industries based on big data and artificial intelligence, the assistant to the president noted. “When, for example, through the application”Yandex.Taxi, you call a car, you actually use the platform and image of the new market, which is much more efficient thanks to data analysis,” he explained. This is already a planned market structure, in which the algorithm determines pricing, location of machines, work schedule, Oreshkin added. Platformization will capture more and more industries, increasing the efficiency of the economy – in this direction, Russia can make a big leap forward, the presidential aide believes.

“Our strategic agenda is to build a country with its own self,” Oreshkin said. According to him, the basic condition for the success of the new economic model is the preservation of the principle of justice and equal opportunities. Russia is waiting for a change in the system of governance and a change of elites, the presidential aide emphasized. Now management will be built on the basis of big data, he pointed out.