Derivative investment projects as a key basis of the shadow economy

In the Russian economy there is a high proportion of derivative investment projects, where private interests of making a profit subjugate socially and governmentally significant projects, redirecting corresponding budget investments. Derivative investment activity cancels out the positive effect of government investment. At the same time, the speculative premium grows autonomously, displacing labor income and thus spinning more and more speculative turns. The current mechanism for reproducing the speculative markup in the distribution of GDP is one of the foundations of the shadow economy. Intensive deindustrialization of the Russian economy at the macro level minimizes the positive effect of growing high-tech industries, provoking the formation of derivative investment projects, negatively affecting labor productivity, and exacerbating social tensions.