Korelsky, V. F. Fish, fishermen and fish industry in Russia / V. F. Korelsky. - Bremen : Krebs, [1993?]-.

can grow. The real production of goods and services is precisely this limit It is necessary to start large structural changes in the national economy in order to overcome the crisis of insufficient production in its second subdivision. The attempts of “binding excess money" of the population by selling flats, declaring new loans, selling land plots and building materials were not successful. The attempts at selling the means of production to private persons did not lead to the “accelerated motion of the bound money” either. Today people try to turn the money accumulated into actual valuables, e.g., cars, furniture, expensive china, antique things, expensive domestic equipment, flats and gold and silver wares. Much money is invested into land renting and country buildings. The building materials for country houses are in short supply now. The rise in prices for food-stuffs and the content of nitrates in them considerably increased the interest in land plots for growing ecologically pure products. In general, the Soviet rouble put by for a rainy day is now being turned into goods. The main cause of the accumulation of money by (he population is the disbalance between the mass of commodities and the money supply. This phenomenon is by right called the “crisis not of overproduction but of underproduction.” A considerable part of our population shows a tendency to saving money. This is a relatively new and indisputable fact. The rise of this interesting economic phenomenon not above a certain limit (the limited tendency to savings) testifies to the growth of the welfare of the population. In my opinion, the “suitable norm” of the limit tendency savings is for us the quantity of 0.15-0.30 (150-300 roubles out of every thousand roubles put in to the bank account or spent on securities depending on the wages collected). However, actually our tendency toward savings is forced and comes from the impossibility of making necessary purchases, and, consequently, exceeds all reasonable bounds. The ratio of savings to the trade turnover alone in 1991 constituted 0.8, to the sum of the trade turnover and services, 0.7, and with due account of savings “on hands”, this ratio was 0.95-0.84 as the lower bound and 1.1-0.95 as the upper bound. If we proceed from strict scientific criteria, in this case, as well as the current moment in our economy, all this must be estimated troublesome and not supported by goods. Thus, we can infer that the actual problem is not in the amount of money our people save but in the deficit of goods and necessary services. The general unfulfilled demand can be considered to be the quantitative indication of the social and economic inefficiency of the structure of our economy. Our government saw this, our economists repeatedly drew attention to this circumstance, but it was not really taken into account. And only after the appearance of new acute shortages, after a sharp rise in prices, and the strikes of workers that followed, it was taken into account in the “measures" for deepening the economic reforms and in the sphere of foreign multimilliard loans. 3.4. The Gist and Principles of Cost Accounting. Problems Connected with Territorial Cost Accounting 7 6

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