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]
If 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.
|Date of creation:||2006|
|Date of revision:|
|Publication status:||Published in Economics of Contemporary Russia 2 (2006): pp. 40-49|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
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