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

Victor Polterovich
Authors registered in the RePEc Author Service: Виктор Меерович Полтерович

MPRA Paper from University Library of Munich, Germany

Abstract: 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.

Keywords: inflation; economic growth; Russia (search for similar items in EconPapers)
JEL-codes: P20 (search for similar items in EconPapers)
Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in Economics of Contemporary Russia 2 (2006): pp. 40-49

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