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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Autores principales: Olga I. Sergeeva, Zaur V. Ayyubov
Formato: article
Lenguaje:RU
Publicado: Plekhanov Russian University of Economics 2017
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Acceso en línea:https://doaj.org/article/4162cca0ad754d34b776bf57506598d8
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spelling oai:doaj.org-article:4162cca0ad754d34b776bf57506598d82021-11-15T05:20:42ZTHE IMPACT OF INFLATION ON THE ECONOMIC GROWTH IN CONDITIONS OF NATIONAL ECONOMY RESTRUCTURING (illustrated by the Republic of Azerbaijan)2413-28292587-925110.21686/2413-2829-2015-1-135-143https://doaj.org/article/4162cca0ad754d34b776bf57506598d82017-09-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/17https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251Economic 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.Olga I. SergeevaZaur V. AyyubovPlekhanov Russian University of Economicsarticleanti-inflation policycurrency rateinflation targetingmonetary and credit policyEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 1, Pp 135-143 (2017)
institution DOAJ
collection DOAJ
language RU
topic anti-inflation policy
currency rate
inflation targeting
monetary and credit policy
Economics as a science
HB71-74
spellingShingle anti-inflation policy
currency rate
inflation targeting
monetary and credit policy
Economics as a science
HB71-74
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)
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
author Olga I. Sergeeva
Zaur V. Ayyubov
author_facet Olga I. Sergeeva
Zaur V. Ayyubov
author_sort Olga I. Sergeeva
title 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_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_sort impact of inflation on the economic growth in conditions of national economy restructuring (illustrated by the republic of azerbaijan)
publisher Plekhanov Russian University of Economics
publishDate 2017
url https://doaj.org/article/4162cca0ad754d34b776bf57506598d8
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