On the Instruments of Economic Policy

V. Maevsky and E. Akhatova

Voprosy Ekonomiki, 2007, issue 10

Abstract: The article shows that the policy of petroleum export limitation can be considered as a certain alternative of the macroeconomic policy of money supply sterilization. The "interests’ compromise" method is proposed. It allows compensating petroleum companies losses emerging due to export limitation. The evaluation of positive and negative consequences of the proposed alternative is presented. It is argued that this alternative can be used in case of the abrupt growth of the world petroleum prices.

Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2007:id:1658

DOI: 10.32609/0042-8736-2007-10-27-40

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