This year, more than 100 social sphere facilities and objects of housing and communal services are under capital construction on the territory of the Volgograd region. For this purpose 4.6 billion rubles were provided in the regional budget. It should be noted that the regiondid notbuild social objectsat such a pace and with such large-scale funding for a long time. People’s confidence can be gained only through real actions.

 Russia could develop faster, comprehending and learning from foreign experience of  “innovation economy”, including for the subsoil usage.

 For social entrepreneurship the primary scope is not the profit, but the solution or mitigation of existing social problems.

“Innovation level” of the Russian enterprises leaves much to be desired: significant investments in pre-crisis period were implemented only by 14% of enterprises.

Modernization of the economy requires a major investment. A lot of money and monetary resources accumulated by the state and private business should not leak abroad, should not deaden in unjustified reserves, should not be used for exchange speculations and be wasted for ostentatious luxury and merchants excesses, but should be directed at augmenting the real country’s productive forces, its capital stock, in other words, should be turned into investment.

In order not to make “valuation mirror” crooked during modernization of the economy, it is necessary at the same time to undertake modernization in evaluation.

The President speaks about modernization, but only trifling sum was allocated for those five key areas of modernization, which he outlined in his Address. Funding is neither provided for development of the real sector of economy. You can formulate brilliant ides, you can make world-class discoveries, but there will be nowhere to implement them. We have no machinery construction, no aviation industry, the automotive industry does not develop, robotics is neglected and very little is invested in space.

December 9, 2010 the Russian Academy of Sciences hosted the tenth jubilee session of the Global Strategic Forum on the theme “Whirlwinds of Global Risks Development Strategy of Russia”. During the second block of the Forum leaders of Russian IT-sector presented a report “On strategic directions of IT-industry development in Russia”, prepared by a working group within the Information and Computer Technologies Industry Association (APKIT) in cooperation with the Institute for economic strategies.

Alexander Ageev’s opening remarks.

We sweated, as those slaves in the galleys under tons of volcanic ash, we floated through oil spills, terrorist attacks and global crises, overcoming fires and icy rains, we were re-inventing Russia and the world just to find ourselves in 2010 in the starting point.