The Old Development Model Has Exhausted Itself. Where Does the World Move?

Grinberg R.S. , Buzgalin A.V.

Abstract

It is a great delusion to believe that only rich countries can afford socially targeted development. Strategies of this development for different types of economies and societies will have different forms of their implementation. But of the leadership of a country with a relatively poor population exploits the fact of poverty to justify low financing of education, science, health care and culture, it simply means that it evades responsibility for the safe civilized future of its own socium.

Keywords

world economy, economic growth, development model, capitalist economy, world crises, Russia in the 21st century, socially oriented development, BRICS.

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