The Principles of the Washington Consensus as a Tool of Policy in Post-Soviet and Modern Russia

Abstract

The article issues the theoretical models of economic development and and the practical experience of their implementing in different countries. The author tries to analyze genesis and evolution of economical power and global domination of the West. Also the rules of economic policies, which realisation became the basis of the government's economic stratification during the periods of classic capitalism and joint-stock companies capitalism are emphasized. The principles of the strategy of comparative advantages formed the basis of economic policy provided by Washington regarding other countries in the modern period, and are presented in document Washington Consensus, first used in 1989. By the term post-truth policy in this context we mean the imposing of the Wasshington Consensus ideology on the countries of the second and third world countries economies and popularisattion of its principles at the expense of development of the mentioned countries. The research also pays an attention to the big business’ development in post Soviet Russia, which has a criminal genesis without any alternative. The article also analyses the positive experience of Russian Federation’s economic development during the period of capitalistic relations’ development and during the social period. In this research we also made an attempt to justify the objective factors in terms of choosing new economic model