scholarly journals Competitive Exchange Rate and Public Infrastructure in a Macrodynamic of Economic Growth

2016 ◽  
Vol 68 (4) ◽  
pp. 792-815 ◽  
Author(s):  
Antonio Soares Martins Neto ◽  
Gilberto Tadeu Lima
2004 ◽  
pp. 95-111
Author(s):  
T. Zolotoukhina

The problem of interaction between Russian currency appreciation and positive dynamics of macroeconomic indicators is studied. Main economic factors of ruble appreciation are analyzed. Consequences of the Russian Central Bank's policy directed to oppose ruble appreciation and problems in financial area due to the increase of money supply through the exchange market are considered. Influence of exchange rate appreciation on economic growth, inflation, export, import, capital flows are discussed. It is concluded that Russian ruble appreciation stimulates an increase in efficiency of the Russian economy.


2004 ◽  
pp. 4-27 ◽  
Author(s):  
V. Lisin

The problem of interaction between Russian currency appreciation and positive dynamics of macroeconomic indicators is studied. Main economic factors of ruble appreciation are analyzed. Consequences of the Russian Central Bank's policy directed to oppose ruble appreciation and problems in financial area due to the increase of money supply through the exchange market are considered. Influence of exchange rate appreciation on economic growth, inflation, export, import, capital flows are discussed. It is concluded that Russian ruble appreciation stimulates an increase in efficiency of the Russian economy.


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