nt target; the economic growth must reach 7% to 10%. Now the Strategic Research Center, Which Putin has constructed, is setting up the development plan in medium and long run. Although this plan has not been revealed, we can still acknowledge the primary ideas of Russias economic construction from Putins recent words and actions. First, perfect the role of the market and strengthen the governments macroscopic control over the economy at the same time, Putin asserts that the government should not give up its necessary control over the economy, while the markets adjusting function should be respected. Russia should strictly control the war industries and those enterprises of strategic resources, and posses the dominant part in main industries so that a radical economic development plan could be carried out under administration. Russia must support competition. Russia is not yet a truly open and competitive economy because of high barriers to entry for investors. The government must establish simple and uniform terns for establishing new companies and put an end to the arbitrary rule of regional officials as well as to criminal pressures on businesses. Second, the role of markets must be substantially enhanced. Introducing private ownership of land will benefit the agrarian sector and also bolster financial markets, because land could serve as collateral for mortgages. No less important is enacting more flexible policies for wages and working conditions in the private sector. Third, a reform of the judicial system like that mentioned by German Gref os badly needed to ensure that independent courts can enforce contracts (replacing criminal groups as enforcers) and resist pressure from high-ranking officials. Second, develop high-tech industriesespecially information industriesand complete the industrial construction adjustment systematically. Having established and strengthened basic market and democratic institutions durin...
