Military Review

Credit rating of Russia against the ratings of the BRICS countries and the republics of the former USSR

41
Credit rating of Russia against the ratings of the BRICS countries and the republics of the former USSROn March 28, Russian economists and other citizens indifferent to the economic upheavals of the Russian Federation expected News from the famous international rating agency Moody's. Due to the fact that in recent years all agencies with international rating ambitions, without exception, downgraded the countries of the world right and left, citing the instability of the financial system and the inability of most economies to cope with global crisis waves, the wait for news for Russia was painfully long. However, after the first words of Moody's experts became public, it became clear that representatives of the Russian economy could breathe easier. The fact is that the same Moody's experts confirmed the long-term credit rating of Russia, which corresponded and now also corresponds to the Baa1 level with a stable outlook. This symbol (Baa1) corresponds to the lower threshold of the world middle class of states that have a relatively low level of public debt and can service it without problems. They sighed a little relieved, but somewhere deep down they secretly hoped that Moody's would take, and would add one rating step to us. Not added ...


In order to be with whom and how to compare, we give indicators of long-term credit ratings of some other states, which are also rated by experts from Moody's. For example, the Chinese indicator corresponds to the value of А1, which is 3 position higher than the rating of Russia. The Ukrainian rating indicator corresponds to the B3 level with a negative outlook. This is on the 8 steps lower than the Russian figure. But the credit rating of Cyprus is in the critical zone and corresponds to the Caa2 indicator with the same as Ukraine, with a negative outlook, which is lower than the Russian one already at 10 steps.

If we talk about which state from the republics of the former USSR Moody's gives the highest rating, then this is Estonia. The long-term credit rating of Estonia is marked at А1 (completely identical with the rating of the People's Republic of China), the second place is shared by Russia and Lithuania. At the same time, recently Moody's decided to withdraw the ratings of several states of the former Soviet Union at once, citing the lack of reliable information about the real state of the economy in these republics. This, in particular, is about Turkmenistan and Moldova.

It is worth considering the ratings, called Moody's for the BRICS countries. India's rating has grown to Baa3 (2 points lower than the Russian one). Brazil also stepped up the rating ladder: Baa2 (one step below the Russian one). But South Africa lost one point of the Moody's rating scale, on the basis of which it caught up with Russia, receiving an assessment of Baa1. It turns out that by BRICS Moody's rating looks like this (descending): China, Russia and South Africa, Brazil, India.

When Moody's experts who made up these credit ratings were asked why the Russian rating, despite its only 13% (relative to GDP) national debt, low-cost (1,5% of annual revenues) government debt service and 3,5% Growth of the economy is relatively low, then Moody's stated several reasons. First, it announced the continuing high level of corruption in the country. Secondly, Moody's experts express concern that in Russia the whole production areas remain without foreign investment. Third, the reason for the relatively low long-term credit rating is that Russia was unable to effectively take advantage of the economic potential that it managed to form on the eve of the economic crisis. There is one more point to which experts of rating agency pay attention. This point concerns the forecast of a decrease in the number of the working-age population of Russia in the medium and long term.

And if the first points are, indeed, naively contested, at least with a maxim that Russia expects, if not extinction, then a significant reduction in the population, it is hardly worth agreeing. Of course, it is impossible to say that in our country the demographic problem has been completely solved, but also to declare that in this respect there is a continuous negative - it is also wrong. I remember, about 6-7 years ago, the same world experts said that by 2014, the population of Russia would be reduced to 130 million people, and cities like Voronezh, Ufa and even St. Petersburg could lose up to a quarter of their population. However, these forecasts, fortunately, were not destined to come true, which gives reason to doubt the new forecasts about the demographic failure that awaits Russia in the near future.

If Russia has problems that prevent the country from developing at a more impressive pace, the main ones among them are large-scale corruption and often manifest internal disregard for the laws. Although there is food for thought.
Of course, no one is going to dispute the fact of the corruption schemes that have entangled the country and the potential target of the army for bribery. The question is different - in comparison. If we compare corruption activity in Russia, for example, with corruption activity in China, which today is significantly ahead of Russia in the Moody's rating, it is not a fact that the percentage of corruption in China is less than that of Russia. It seems that the Chinese principle of openness of the economy and closeness of the inner life works here, which creates some kind of illusion that everything in the Middle Kingdom with corruption is good. They steal in the PRC. Yes, they steal so much that over the past 10 years, around 10 thousands of officials of various levels of the bureaucracy have been executed in China, and moreover almost 20 thousands of officials have been sent to prison for long periods (up to 150 years). The scale of the struggle is truly impressive, but the whole trouble for China lies in the fact that the severe punishment of some corrupt officials does not lead to an understanding of their responsibility to the law by others. It turns out that some are shot and imprisoned, while others fill their places every year. From that, the average annual scale of corruption in the PRC over the last decade remains almost constant. Does it remain permanent in Russia? - This is a question that does not yet have an answer. Apparently, this gives Moody's reason to declare that the fight against corruption in China is better than in Russia, and therefore corruption does not affect the high rating there ... True, in this case it is better not to discuss the situation with the level of corruption in South Africa at all. which turned out to be equal to the Russian ...

So what does the Russian government need to do to raise the long-term credit rating of the Russian Federation, which in itself can bring such positive results as lower rates for servicing various types of debt? To say that it (the government) should fight against corruption is already somehow strange. After all, these conversations have been going on for years, but the result so far, frankly, is not visible. The rector, a town governor laid aside in the snow, a town governor dismissed from his job and a regional minister sent to jail for a couple of years - perhaps all the achievements in this direction are at a relatively high level ... And at other levels, I'm sorry, and the horse did not lie ...

Making the citizens respectful of the law. This, of course, is sensible. But only citizens, you understand, are waiting for examples from the representatives of the authorities themselves. Indeed, it often happens that a high-ranking official appeals to legality, and then suddenly it turns out that he has the stigma, what is called, a cannon. This official reveals that undeclared income and property, or even a passport of a foreign citizen. Here, as they say, you need to start with the head, then, you see, and civil liability will increase significantly.

Another opportunity to improve the economic rating as a related link to the recovery of the Russian economy is real investment in production. The country needs a new industrial revolution, about which the economy is only dreaming. And this is perhaps the only case of a revolution in Russia for which you can vote with both hands at once ...
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  1. tronin.maxim
    tronin.maxim 29 March 2013 11: 22 New
    14
    That’s all nonsense! These rating agencies are purely political levers. Twist and twist the economies of all countries as they want. As I did not look, I did not see any benefit in them.
    1. Aleks28
      Aleks28 29 March 2013 12: 05 New
      +7
      According to the rating agency Moody's, the external debt of the Russian Federation remains very low, within 10% of the country's GDP. This is the lowest among all countries with an investment grade rating. As a result, Russia is gradually turning into a creditor country.- This is the same MU-DE claims, but the credit rating still does not raise. So, after all, can you take these ratings seriously? request
      1. 11Goor11
        11Goor11 29 March 2013 12: 43 New
        14
        + And this hope for Western investment ... For what? To privatize the remaining state property? Yes, they went away with their rotten paper.
        How do I want in the USSR ...
        1. Aleks28
          Aleks28 29 March 2013 12: 46 New
          0
          Quote: 11Goor11
          How do I want in the USSR ...

          I am the same, but I understand perfectly well that this is IMPOSSIBLE.
          1. Serg_Y
            Serg_Y 29 March 2013 13: 10 New
            +2
            The USSR worked out its own, it is necessary to invent a new one, the financial center, of course, does not roll, it is too trite.
          2. Grey68
            Grey68 29 March 2013 22: 08 New
            0
            Quote: Allex28
            I am the same, but I understand perfectly well that this is IMPOSSIBLE.

            Why did you decide that they would take you there?
            1. Aleks28
              Aleks28 29 March 2013 22: 13 New
              0
              Quote: Grey68

              Why did you decide that they would take you there?

              What was that? belay laughing
        2. Son
          Son 29 March 2013 13: 59 New
          +5
          Will you come home, take me ...
        3. Tatyana Pershina
          Tatyana Pershina 29 August 2020 12: 14 New
          0
          An investor is a co-owner. Do we desperately need foreign co-owners of our enterprises?
      2. Serg_Y
        Serg_Y 29 March 2013 13: 08 New
        +1
        Indicators are one thing, their own thing is different, apparently not their own, but on their own. The mind can not understand Russia, and Kalina can not travel.
    2. Atlon
      Atlon 29 March 2013 12: 44 New
      +6
      Quote: tronin.maxim
      That’s all nonsense!

      Moodys - from the word wise ... wassat
      1. Ghenxnumx
        Ghenxnumx 29 March 2013 14: 19 New
        +2
        Quote: Atlon
        Moodys - from the word wise ...

        No, according to the rules of English. Moodys is a bunch of wise ... wassat
    3. Firstvanguard
      Firstvanguard 29 March 2013 18: 34 New
      0
      Do not hell mudde, but to the beard !!!
  2. ughhh
    ughhh 29 March 2013 11: 25 New
    +9
    ... from moody`s hear!
  3. Yeraz
    Yeraz 29 March 2013 11: 29 New
    +4
    I was surprised that the author somewhere read a report on population decline in St. Petersburg. Who could have predicted such a thing? The author specifically took a dumb info and presented. Regarding the reduction, the report does not talk about catastrophic reduction. But there is no growth, it seems to have stabilized.
    I’d just like to see the data on the demographics of the Russian population, because when they talk about Russia as a whole, the situation with the Russian population is not clear. And it turns out the employee gets 20, and the boss 100 thousand and on average 50 lol
    1. sanyabasik
      sanyabasik 29 March 2013 11: 35 New
      +4
      Quote: Yeraz
      the employee receives 20, and the boss 100 thousand and an average of 50


      laughing and 10 already steal laughing (100 + 20/2 = 60)
      1. Yeraz
        Yeraz 29 March 2013 12: 43 New
        0
        Quote: sanyabasik
        Quote: Yeraz
        the employee receives 20, and the boss 100 thousand and an average of 50


        laughing and 10 already steal laughing (100 + 20/2 = 60)

        Well, what without this))) drinks
  4. sanyabasik
    sanyabasik 29 March 2013 11: 30 New
    0
    ... over the past 10 years, about 10 thousand representatives of the bureaucratic milieu of various levels have been executed in China, and in addition almost 20 thousand officials have been sent to jail for long periods (up to 150 years).

    And how many of these are we Representatives... But here they are untouchable, because we are not in their 37th year ...
  5. Revenge
    Revenge 29 March 2013 11: 33 New
    +1
    They imagined themselves to be gods, the name of the organization speaks of them, it’s somehow not proper to pay attention to them.
  6. Ghenxnumx
    Ghenxnumx 29 March 2013 11: 51 New
    +1
    Does anyone else believe in these ratings? laughing
    Sorry did not indicate a mustache rating for comparison lol
    1. eretik
      eretik 29 March 2013 12: 12 New
      +1
      Quote: Ghen75
      Does anyone else believe in these ratings? laughing
      Sorry did not indicate a mustache rating for comparison lol

      Why point it to the most super-duper. The same country is a light.

      PS And in fact, I think you can safely throw a couple of points to everyone who is not with the bang.
  7. silver_roman
    silver_roman 29 March 2013 12: 06 New
    +4
    Of course, one cannot say that the demographic problem in our country has been completely solved, but to say that there is a solid negative in this regard is also wrong.


    But with this I do not agree. Of course, not everything is so awful, i.e. 2014 and 130 million people, but still very bad crying

    And the fact is that the number is held by emigrants. And in this regard, Mudis is right. The number of professional personnel is falling. Of course we can put a Tajik to the machine, but then what will happen? quality will fall and that’s it.
    It seems that somewhere it was written that it would ensure “normal” (I don’t know what this means), stable population growth, 200-000 emigrants a year are needed. Hope these numbers are gross exaggeration.
    And by the way, look at the expense of what constituent entities of the Federation - oblasts, districts, regions the population is growing ??? purely the Caucasus and a couple of regions that are not Slavic. I'm just afraid that it will turn out like in that joke: the Chinese are standing near Moscow and shouting: "Russian, vykhadiiyi, otherwise we'll wake up." Two macaws are sitting in the trench: "dry, try to find a Russian one, otherwise they will rock!"

    P.S. I don’t want to offend or upset anyone with my pessimism, but demography really scares me. Or rather, the assimilation of emigrants in the Russian Federation!
    1. Aleks28
      Aleks28 29 March 2013 12: 51 New
      +4
      Quote: silver_roman
      I don’t want to offend or upset anyone with my pessimism, but demography really scares me

      So do not sit at the computer., And go to correct demographics. lol
      1. silver_roman
        silver_roman 29 March 2013 13: 07 New
        +2
        try my best at night laughing
        1. Aleks28
          Aleks28 29 March 2013 13: 09 New
          0
          Quote: silver_roman
          try my best at night

          Keep it up! good
          1. Serg_Y
            Serg_Y 29 March 2013 13: 15 New
            +2
            You try, you try, and then there aren’t enough kindergartens.
    2. rodevaan
      rodevaan 29 March 2013 13: 07 New
      +5
      Quote: silver_roman
      Of course, one cannot say that the demographic problem in our country has been completely solved, but to say that there is a solid negative in this regard is also wrong.


      But with this I do not agree. Of course, not everything is so awful, i.e. 2014 and 130 million people, but still very bad crying

      And the fact is that the number is held by emigrants. And in this regard, Mudis is right. The number of professional personnel is falling. Of course we can put a Tajik to the machine, but then what will happen? quality will fall and that’s it.
      It seems that somewhere it was written that it would ensure “normal” (I don’t know what this means), stable population growth, 200-000 emigrants a year are needed. Hope these numbers are gross exaggeration.
      And by the way, look at the expense of what constituent entities of the Federation - oblasts, districts, regions the population is growing ??? purely the Caucasus and a couple of regions that are not Slavic. I'm just afraid that it will turn out like in that joke: the Chinese are standing near Moscow and shouting: "Russian, vykhadiiyi, otherwise we'll wake up." Two macaws are sitting in the trench: "dry, try to find a Russian one, otherwise they will rock!"

      P.S. I don’t want to offend or upset anyone with my pessimism, but demography really scares me. Or rather, the assimilation of emigrants in the Russian Federation!


      “Do you alone think so?” Yes, it scares everyone! I live in the Far East - in my opinion there are already more churkobesov here than we, Russians and everyone else, along with the Chinese! Go in herds of 10 pieces! And there is no end-edge to this, and they continue to import them in bulk here!
      I hs how this all obscurantism will end ... I certainly understand that someone should clean up the garbage and revenge the yards ... but there should be a certain quota for that - that's all! And no more. What is going on here? At night alone it is unsafe - this is so far they are peaceful, while they are not here by the vast majority. And as soon as they become 80-90% here - that’s what the kick will start!

      The goats, when the Union was destroyed, began to scream, like the Russians get out into Russia, we are on top of the non-shed, we are on the other hand independent! So what? the Russians were beaten, they themselves in Mr. both sat in their sheep-mutton, and they sit. And now they climbed here!
      Why the hell do we need them here ?? Super-independent - well, scratch with your independence, the hell knows from whom in your Churkostan, sit on the sheep’s tails there for more than 200 years. Why the hell are you going here? Freeloaders pancake ...
      1. silver_roman
        silver_roman 29 March 2013 13: 11 New
        +1
        this is all true. the most offensive is that the government trades in this on the external stage. with the same Tajikistan: you lie under us, do not listen to the amers, and we will let yours go to us.
        Damn geopolitics.
    3. Yeraz
      Yeraz 29 March 2013 13: 11 New
      +1
      Quote: silver_roman
      Of course, one cannot say that the demographic problem in our country has been completely solved, but to say that there is a solid negative in this regard is also wrong.


      But with this I do not agree. Of course, not everything is so awful, i.e. 2014 and 130 million people, but still very bad crying

      And the fact is that the number is held by emigrants. And in this regard, Mudis is right. The number of professional personnel is falling. Of course we can put a Tajik to the machine, but then what will happen? quality will fall and that’s it.
      It seems that somewhere it was written that it would ensure “normal” (I don’t know what this means), stable population growth, 200-000 emigrants a year are needed. Hope these numbers are gross exaggeration.
      And by the way, look at the expense of what constituent entities of the Federation - oblasts, districts, regions the population is growing ??? purely the Caucasus and a couple of regions that are not Slavic. I'm just afraid that it will turn out like in that joke: the Chinese are standing near Moscow and shouting: "Russian, vykhadiiyi, otherwise we'll wake up." Two macaws are sitting in the trench: "dry, try to find a Russian one, otherwise they will rock!"

      P.S. I do not want to offend or upset anyone with my pessimism, but
      Nya really scares demography. Or rather, the assimilation of emigrants in the Russian Federation!


      Assimilation does not occur. The only difference is that Asians sit at construction sites and interaction with the indigenous population is minimal, while Caucasians, on the contrary, even engage in activities, that children study in schools interact, but still mostly keep their own circle and live according to their traditions that is good, just some people think that walking loudly, screaming hey girl and all sorts of crap is traditions, nifiga. Norm a guy will not bother a decent girl like that and if he respects himself he will not meet with a slut.
      The circle of my acquaintances everyone has only 1 child, Caucasians have 2, and if they have a mat. Good, then you can do more. the more children leave. A girl friend of 28 years old 1 child, to the question why 2 you won’t start because you are financially secure, to which there was an answer that yes you know what kind of child to look after. And she did not speak about the material part, namely the giving of the fuck as a parent in terms of care, nerves, etc. What about unsecured parents? no
      1. djon3volta
        djon3volta 29 March 2013 14: 43 New
        +3
        Quote: Yeraz
        And what about unsecured parents?

        about 4 days ago I met one brow at work, started telling him about politics, about everything at once, it came to demography, he told me that he has a relative in the village who has 7 children. Believe me, he’s not a millionaire, as I found out, but a simple collective farmer. they’re just rural, they’ve gotten used to work, and so on. By the way, the people I crossed with, he’s 25 years old, his wife is 23 years old, have two children, they live in their house with an old log garden, it’s natural. He told me that the city women were spoiled, how he told me he has a lot of friends of guys, normal everyone says, but still not married, because the modern woman is no longer really conducted on the quality of a person (as it was in the USSR), but is conducted on a tight wallet, they just do not say it openly they. you can see for yourself, just start getting acquainted with the female gender, their first question will be - where do you work? Rather, they judge by where you are and who you work for (calculate salary / income), and it is worth starting a ser / rel or not with you. Here so wassat
        1. YuDDP
          YuDDP 29 March 2013 21: 26 New
          0
          Yes, the current girls are calculating ...
          Not that our great-grandmothers were
          In fact, the oldest profession has the rationale:
          he is a breadwinner, you need to adapt to it, but for a breadwinner, and not for goofing, otherwise a kayuk ...
  8. Sasha 19871987
    Sasha 19871987 29 March 2013 12: 46 New
    0
    thanks to globalization ...
  9. elmi
    elmi 29 March 2013 12: 51 New
    +1
    Of course, you can be biased towards rating agencies - those who are hounded, they will be let down, but still, to some extent, this is like a sobering soul, a look from the side
    1. elmi
      elmi 29 March 2013 13: 22 New
      +4
      Quote: elmi
      Of course, you can be biased towards rating agencies - those who are hounded, they will be let down, but still, to some extent, this is like a sobering soul, a look from the side

      I’ll add that it would also not hurt us to create an analogue of rating agencies and choose the same - whom to lower and who to raise according to the rating, otherwise it turns out that the American rating agencies are monopolists - they do what they want
  10. rodevaan
    rodevaan 29 March 2013 13: 00 New
    +5
    In the USSR they wanted, you see! Many fritsoidy want you see back in the GDR! They liked whether you see free education and medicine, they liked whether you see the social protection of the state!

    And what did you think when all this was destroyed? They wanted wealth for free ....
    The older generation used to say their time, looking at today's crappy bacchanalia - still remember the Union! And so it goes.
  11. Langeo
    Langeo 29 March 2013 13: 21 New
    +2
    All kinds of pindos until the bankruptcy of the largest pindobanks had a credit rating of AAA (and the most gifted even after). The question is that the US government has done such a pleasant thing to the Muddish, sho pindoreiting stands and does not fall.
  12. pinecone
    pinecone 29 March 2013 13: 26 New
    +1
    All these filthy rating agencies were knocked together for the sole purpose of further shattering the stock and currency markets and generating additional profit on the difference in stock prices and exchange rates. As one of the forum participants rightly noted, it turned out to be a solid MUDIS.
  13. ovgorskiy
    ovgorskiy 29 March 2013 14: 08 New
    +3
    It is interesting, and for what reasons, the United States receives top ratings. A debt of 14 trillion with no prospects to pay it off (about debts), Complete submission of state power to financial and military corporations (about corruption). Almost completely withdrawn industry outside the country (about industry), etc., etc. How to understand this?
    1. Tatyana Pershina
      Tatyana Pershina 29 August 2020 12: 33 New
      0
      Perhaps you don't like GDP as a criterion for the country's well-being? I do not like. If it was counted in manufactured goods, I would consider it as a criterion, and since it is counted in dollars, then ... the more expensive the services of a lawyer or dentist in the country, the more powerful the economy is somehow ...
  14. datur
    datur 29 March 2013 15: 24 New
    0
    yes to hell with this mudis yes -Mudis he is in Africa muddis !!! laughing and the Westerners themselves are making patriots of our oligarchs with their latest actions !! proving that it will be necessary, everything will be taken away, and even the scarf will be tied !!! wassat so it turns out that our rich people will be able to save denyushki only in their homeland- IN RUSSIA !!!! laughing
  15. svp67
    svp67 29 March 2013 15: 24 New
    0
    And it would not be time to organize such a rating agency in Russia, since the best means of defense is an attack ...
    1. ben05
      ben05 29 March 2013 23: 51 New
      0
      But who organizes it, we would like to do it long ago.
  16. slvevg
    slvevg 29 March 2013 16: 29 New
    0
    All these rating agencies I call the masters of panic in a financial bubble. Nothing to do with real finance! Ugh!
  17. CrazyMishka
    CrazyMishka 29 March 2013 19: 32 New
    0
    Are these ratings really that important? Or so for the badge?
  18. Khamsin
    Khamsin 29 March 2013 20: 45 New
    +1
    Thanks to these ratings, exchange rates are falling and rising. In fact, the agency is another puppet in the hands of businessmen
  19. ramsi
    ramsi 29 March 2013 21: 02 New
    0
    it is clear that all these rating agencies and their opinions are dog crap, it is clear that how everything depended on the person at the top for us - so it depends; it is clear, in my opinion, already the most stubborn - that the most effective regime in the history of the Russian state was the Soviets. Sorry, but then the flood or "enemies of the people" begins.
  20. djon3volta
    djon3volta 29 March 2013 21: 32 New
    +1
    China, Russia and South Africa, Brazil, India.
  21. APASUS
    APASUS 29 March 2013 22: 30 New
    +1
    So what should the Russian government do to increase the long-term credit rating of the Russian Federation, h

    Maybe try something ???
  22. Tartary
    Tartary 30 March 2013 05: 46 New
    0
    I thought ...
    And why are these TV announcers when they cover the ratings of Russian companies and the economy as a whole, they speak with a stony face? request
    Maybe before this the whole editors argue for interest among themselves, and the girls are driven under the table to the announcers - the girl, and the announcers - the boy ... repeat
    And if the announcer (sha) changes his expression, it means he lost the argument ... wink

    Let them understand that we have guessed how things are and let us know as it should with laughter, jokes, jokes - in short with humor ...
  23. rodevaan
    rodevaan 30 March 2013 08: 39 New
    -2
    What is the bazaar about, gentlemen?
    All of these lending agencies and other liberodidny-podtvny and protest apparatus - all this is clear where it came from, it is clear what is being funded and it is clear who is intended to reward. Well, who are you listening to? The empty balabalism of pronounced mongrels - they reward themselves, write ratings for themselves.
    What about Oscar Cinema? The same thing - nyatsky award for nyatsky movie! They praise themselves, reward themselves. Turned your cabal into a "world show" - that’s all crap.
    And so everything is clear - what’s what and why. Do not hold us for fools.
  24. Tartary
    Tartary 30 March 2013 18: 34 New
    0
    Quote: rodevaan
    And so everything is clear - what’s what and why. Do not hold us for fools.

    I poked the wrong key, my friend - I’ll fix it in the tape ...
  25. G02.
    G02. 31 March 2013 14: 56 New
    0
    Send this mudis in a place with Putin and forget, like a nightmare. It seems that there is nothing to do if Mudis does not give a command, but these groan about investments, like from an orgasm from morning to evening :)