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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Main Authors: Olga I. Sergeeva, Zaur V. Ayyubov
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2017-09-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/17
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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.
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spelling doaj.art-4162cca0ad754d34b776bf57506598d82023-09-03T14:32:29ZrusPlekhanov 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. Ayyubov1РЭУ им. Г. В. ПлехановаРЭУ им. Г. В. ПлехановаEconomic 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/17антиинфляционная политикавалютный курстаргетирование инфляцииденежно-кредитная политика
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
антиинфляционная политика
валютный курс
таргетирование инфляции
денежно-кредитная политика
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 антиинфляционная политика
валютный курс
таргетирование инфляции
денежно-кредитная политика
url https://vest.rea.ru/jour/article/view/17
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