… Called a man’s happiness factor of economic growth

© RIA Novosti / Eugene to Novostinearly in fotomancer of economic development of Russia Maxim Oreshkin. Archival photo… Called a man’s happiness factor of economic growth© RIA Novosti / Eugene to Novostinearly the image Bank

Happiness of each person is a factor of economic growth, and its role in the economy very seriously increases with its transition to a post-industrial type, said Minister of economic development of Russia Maxim Oreshkin during the Moscow urban forum.

«If you look at the modern economy of post-industrial type and see is the happiness factor of economic growth — so ask the question, as you move the economy from agricultural to post-industrial role of happiness particular person is very seriously growing, because the growing influence that every particular person has to implement their ideas on the economy, on the environment and therefore the role of happiness increases,» said Oreshkin.

Therefore, the Minister concluded, the creation of the urban environment and of housing, which «bring people happiness,» is the key to faster economic growth, create new industries, products and developments.

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