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Talks of Russia’s conservative development model partly to blame for stagnation — expert

March 31, 2015, 16:05 UTC+3 MOSCOW
Some statements on the foreign currency regime and the exit regime are a cause for concern along with harsh criticism of some categories of the population
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Russia's former Finance Minister Alexey Kudrin

Russia's former Finance Minister Alexey Kudrin

© Artyom Korotayev/TASS

MOSCOW, March 31. /TASS/. Disputes over Russia’s political development, including a conservative model, affect the country’s business environment and the domestic economy, ex-Finance Minister Alexey Kudrin said on Tuesday.

The former vice-premier and finance minister spoke at a roundtable discussion held at TASS news agency on the fifteenth anniversary of Vladimir Putin's election as Russia’s president.

"The disputes about the identity of politics influence business very much. The rules of the game are changing considerably in the current conditions," the ex-finance minister said.

"Some statements on the foreign currency regime and the exit regime are a cause for concern along with harsh criticism of some categories of the population who are businessmen and creative people and feel like staying in a critical, uncomfortable zone," Kudrin said.

"When we proclaim new goals, for example, let us conventionally take conservative aims, business changes its behavior," he added.

"Both the fall in investments this year and in the coming years and stagnation are partly caused by this. And we should feel responsibility for our slogans," Kudrin said.

Many politicians and experts believe that Russia has chosen a conservative way of development, which prioritizes traditional values and implies the desire to rely on the country’s internal resources.

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