THE IMPACT OF INFLATION ON THE ECONOMIC GROWTH IN CONDITIONS OF NATIONAL ECONOMY RESTRUCTURING (illustrated by the Republic of Azerbaijan)
Economic growth is the best way to combat inflation in conditions of national economy restructuring. Cash demand increases depending on the economic growth rate with constant pace of cash circulation. However, high inflation rate and extreme changes in market currency rate can alter these processes,...
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| Format: | Article |
| Language: | Russian |
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Plekhanov Russian University of Economics
2017-09-01
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| Series: | Вестник Российского экономического университета имени Г. В. Плеханова |
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| Online Access: | https://vest.rea.ru/jour/article/view/17 |
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| _version_ | 1849244681283567616 |
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| author | Olga I. Sergeeva Zaur V. Ayyubov |
| author_facet | Olga I. Sergeeva Zaur V. Ayyubov |
| author_sort | Olga I. Sergeeva |
| collection | DOAJ |
| description | Economic growth is the best way to combat inflation in conditions of national economy restructuring. Cash demand increases depending on the economic growth rate with constant pace of cash circulation. However, high inflation rate and extreme changes in market currency rate can alter these processes, making the solution of budget deficit problem more complicated. The article investigates reasons for and consequences of inflation in Azerbaijan. It was shown that inflation affects economic growth and monetary and credit policy in the country. Anti-inflation policy pursued in the Republic of Azerbaijan was analyzed, its specific features were described. The authors put forward the recommendations aimed at improving monetary and credit policy, lowering inflation rate and declining its negative impact on structural reforms in the country. |
| format | Article |
| id | doaj-art-4162cca0ad754d34b776bf57506598d8 |
| institution | Kabale University |
| issn | 2413-2829 2587-9251 |
| language | Russian |
| publishDate | 2017-09-01 |
| publisher | Plekhanov Russian University of Economics |
| record_format | Article |
| series | Вестник Российского экономического университета имени Г. В. Плеханова |
| spelling | doaj-art-4162cca0ad754d34b776bf57506598d82025-08-20T03:59:04ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512017-09-010113514310.21686/2413-2829-2015-1-135-14316THE IMPACT OF INFLATION ON THE ECONOMIC GROWTH IN CONDITIONS OF NATIONAL ECONOMY RESTRUCTURING (illustrated by the Republic of Azerbaijan)Olga I. Sergeeva0Zaur V. Ayyubov1Plekhanov Russian University of EconomicsPlekhanov Russian University of EconomicsEconomic growth is the best way to combat inflation in conditions of national economy restructuring. Cash demand increases depending on the economic growth rate with constant pace of cash circulation. However, high inflation rate and extreme changes in market currency rate can alter these processes, making the solution of budget deficit problem more complicated. The article investigates reasons for and consequences of inflation in Azerbaijan. It was shown that inflation affects economic growth and monetary and credit policy in the country. Anti-inflation policy pursued in the Republic of Azerbaijan was analyzed, its specific features were described. The authors put forward the recommendations aimed at improving monetary and credit policy, lowering inflation rate and declining its negative impact on structural reforms in the country.https://vest.rea.ru/jour/article/view/17anti-inflation policycurrency rateinflation targetingmonetary and credit policy |
| spellingShingle | Olga I. Sergeeva Zaur V. Ayyubov THE IMPACT OF INFLATION ON THE ECONOMIC GROWTH IN CONDITIONS OF NATIONAL ECONOMY RESTRUCTURING (illustrated by the Republic of Azerbaijan) Вестник Российского экономического университета имени Г. В. Плеханова anti-inflation policy currency rate inflation targeting monetary and credit policy |
| title | THE IMPACT OF INFLATION ON THE ECONOMIC GROWTH IN CONDITIONS OF NATIONAL ECONOMY RESTRUCTURING (illustrated by the Republic of Azerbaijan) |
| title_full | THE IMPACT OF INFLATION ON THE ECONOMIC GROWTH IN CONDITIONS OF NATIONAL ECONOMY RESTRUCTURING (illustrated by the Republic of Azerbaijan) |
| title_fullStr | THE IMPACT OF INFLATION ON THE ECONOMIC GROWTH IN CONDITIONS OF NATIONAL ECONOMY RESTRUCTURING (illustrated by the Republic of Azerbaijan) |
| title_full_unstemmed | THE IMPACT OF INFLATION ON THE ECONOMIC GROWTH IN CONDITIONS OF NATIONAL ECONOMY RESTRUCTURING (illustrated by the Republic of Azerbaijan) |
| title_short | THE IMPACT OF INFLATION ON THE ECONOMIC GROWTH IN CONDITIONS OF NATIONAL ECONOMY RESTRUCTURING (illustrated by the Republic of Azerbaijan) |
| title_sort | impact of inflation on the economic growth in conditions of national economy restructuring illustrated by the republic of azerbaijan |
| topic | anti-inflation policy currency rate inflation targeting monetary and credit policy |
| url | https://vest.rea.ru/jour/article/view/17 |
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