Development of competitive financial intermediation in the context of provision of non-inflationary monetization of economy

Davoyan Lidia
Additional contact information
Davoyan Lidia: Russian-Armenian (Slavonic) University

Sovremennaa ekonomika: problemy, tendencii, perspektivy Современная экономика: проблемы, тенденции, перспективы, 2014, issue 11, 19-27

Abstract: Article devoted to the problems of increasing the efficiency of financial intermediation in the context of provision of non-inflationary monetization of economy. As the recent global financial and economic crisis showed, the dilemma between the provision of the economy with sufficient money supply, especially with “long money” from one side and the provision of macroeconomic stability (what in tandem we call non-inflationary monetization) is the outstanding issue not only for transition and emerging economies, but also for mature economies. Within the article there was an attempt to find the mechanism and ways of solving the abovementioned problem mainly in transition and emerging markets. With this purpose the inflationary consequences of money supply growth in the conditions of underdeveloped financial institutes are revealed within the article as well as the concept of financial intermediation deepening in these economies is substantiated.

Keywords: ФИНАНСОВОЕ ПОСРЕДНИЧЕСТВО; МОНЕТИЗАЦИЯ ЭКОНОМИКИ; НЕИНФЛЯЦИОННАЯ МОНЕТИЗАЦИЯ; ФИНАНСОВЫЕ ИНСТРУМЕНТЫ; ДЕНЕЖНЫЕ АГРЕГАТЫ (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
http://cyberleninka.ru/article/n/development-of-co ... etization-of-economy

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:scn:018798:15578871

Access Statistics for this article

More articles in Sovremennaa ekonomika: problemy, tendencii, perspektivy Современная экономика: проблемы, тенденции, перспективы from CyberLeninka, Муромский институт (филиал) Государственного образовательного учреждения высшего профессионального образования "Владимирский государственный университет им. Александра Григорьевича и Николая Григорьевича Столетовых"
Bibliographic data for series maintained by CyberLeninka ().