The world leaves crisis. The economic, seemingly, revives and starts to leave the serious crisis since Great depression of 1929-1933. Last week the unexpected data about growth of gross national product of the USA, Germany and France has been published in many respects. On August, 17th it became known, as the economy of Japan has started to grow. Revival of leading economy of the world should lead to restoration of economic growth on the largest emerging markets, including Russia.
Stimulation of the American economy at a rate of almost $800 bill, offered in the beginning of year Presidential Administration of the Barrack of Obama, criticised both for an inefficiency, and that this measure will lead to state budget disbalance. But, according to the interrogation of leading economists spent by agency Bloomberg, the economy of the USA for 12 months - from July, 1st, till June, 30th, 2009 - has grown on 2 %.
According to the majority of them, measures on economy stimulation have started to work, as has led to revival. Last data about industrial production, employment and housing construction in the USA appears better forecasts and confirms this thesis. Optimism of investors, and also expenses of consumers - the basic engine of the American economy simultaneously starts to grow.
Gross national product as Germany, and France, it agree to the data of official statistics, has grown in the second quarter of this year on 0,3 % in comparison with first three months of this year. Growth small, but is important that fact that economists predicted gross national product decrease in Germany on 0,2 %, and in France - on 0,3 %.
Growth of export and the internal demand stimulated with the governments became the reason of the outlined overcoming the crisis of two largest economy of the European Union. But while as a whole in Europe economic revival yet has not begun. The economy of Great Britain in the second quarter has lost 0,8 %, Italy - 0,5 %, Holland - 0,9 %. Nevertheless, the positive data from Germany and France testifies that the European economy finds soil underfoot.
Perhaps, the most encouraging data was published on August, 17th by the government of Japan. Gross national product of this country has grown in the second quarter 2009 on 3,7 % in comparison with the similar period of last year and on 0,9 % - in comparison with the last quarter.
The economy of Japan has shown growth for the first time for last five quarters. As well as in France and to Germany, the begun revival of the Japanese economy it is caused by export growth, and also increase in consumption in the country.
Indicators of Russia on this background while look not in the best way. According to Rosstata, the Russian economy in the second quarter has decreased on 10,9 % in comparison with the similar period of last year. This sharpest quarter falling since in the end of the last year the world economic crisis has extended to Russia.
However, in comparison with the first quarter 2009 the Russian gross national product has grown on 7,5 %. But this results from the fact that in the first quarter the Russian economy traditionally shows the weakest indicators because of a long January vacation.
Nevertheless, the Russian economic authorities not without the bases pin hopes on the second half of the year. By their estimation, to the middle of 2009 the national economy has reached an economic crisis bottom after which restoration should begin. Revival of the Russian economy in the second half of the year should be promoted by that the basic part of anti-recessionary budgetary injections for the purpose of stimulation of internal demand will be made during this period.
Besides, the Russian government offers new anti-recessionary measures. So, for the further support of domestic car industry the mechanism of an exchange of the old cars which are in possession at citizens, on the voucher to which can pay purchase of a new car partially is offered. Similar measures have already given positive effect in the USA and Europe.
Besides, the outlined revival of economy of the largest developed countries already has caused a rise in prices for raw materials, including for power resources and metals - the basic articles of the Russian export. Thus, economic restoration should promote renewal of growth of Russian gross national product.
However, from crisis still it is impossible to name an exit of economic the come true fact. The economy of Europe, as well as Russia, only has reached a bottom. Whether will continue anti-recessionary measures to give in the USA a positive effect - while not clearly.
A number of economists considers that the second package of the anti-recessionary help is necessary to the largest economic. But the majority converge that is enough already allocated means. As and in the USA the considerable part of an anti-recessionary package has not arrived yet in economy and in second half of year will give it essential support.
|