Template-Type: ReDIF-Paper 1.0
Author-Name: Sergey Drobyshevsky
Author-Name-First: Sergey
Author-Name-Last: Drobyshevsky
Author-Workplace-Name: Gaidar Institute for Economic Policy
Author-Name: Pavel Trunin
Author-Name-First: Pavel
Author-Name-Last: Trunin
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title: Prospects for a Transition Towards Inflation Targeting in Russia
Abstract:In Russia, the pre-conditions for a successful transition to inflation targeting are beginning to emerge. The economy remains highly dependent upon the external economic conjuncture, but the financial crisis made for a steep increase in the demand of commercial banks for refinancing by the CBR. This has given the Bank of Russia the power to exercise real influence in the monetary sphere by the management of its interest rate
Length: 4717 words
Creation-Date:  2009
Revision-Date:   2012
File-URL: https://www.iep.ru/files/RePEc/gai/wpaper/0019Drobyshevsky-Trunin.pdf
File-Format: Application/pdf
File-Function: Revised version, 2012
Keywords: Inflation targeting, institutional environment, developing countries, transition economies, exchange rate 
Handle: RePEc:gai:wpaper:0019