Снижение Инфляции Не Должно Быть Главной Целью Экономической Политики Правительства России
[Decreasing Inflation Should not Be the Main Task of the Russian Government Economic Policy]
AbstractIf imperfect market institutions prevail in a country and inflation amounts to about 10% then efforts directed to further inflation decrease would probably hamper economic growth. To substantiate this thesis, I make references on opinions of well-known economists, discuss results of recent empirical research, and analyze peculiarities of modern economic situation in Russia. Arguments in favor of active policy to stimulate economic development are adduced.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 22064.
Date of creation: 2006
Date of revision:
inflation; economic growth; Russia;
Find related papers by JEL classification:
- P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General
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