INTERACTION OF MONETARY, CREDIT AND BUDGET POLICY AS A WAY TO OVERCOME CRISIS IN RUSSIA
https://doi.org/10.21686/2413-2829-2015-3-36-43
Abstract
Crisis phenomena arise due to external and internal factors. In such circumstances responsibility rests on macro-economic regulators, i. e. the Bank of Russia and the Ministry of Finance. Their steps must be coordinated, as each of them has to make a controversial choice between taking crisis measures and following a strategic direction. Taking into consideration the said situation the author advances a set of procedures aimed at overcoming the adverse macro-economic tendencies. Each of these procedures implies coordination between monetary, credit and budget policy. As a result a complex of proposals was developed to overcome the crisis phenomena in Russia.
About the Author
Ivan I. Volkov
Plekhanov Russian University of Economics
Russian Federation
Russian Federation
Post-graduate student of the Department for Finances and Prices of the PRUE
36 Stremyanny Lane, Moscow, 117997, Russian Federation
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Review
For citations:
Volkov I.I. INTERACTION OF MONETARY, CREDIT AND BUDGET POLICY AS A WAY TO OVERCOME CRISIS IN RUSSIA. Vestnik of the Plekhanov Russian University of Economics. 2015;(3):36-43. (In Russ.) https://doi.org/10.21686/2413-2829-2015-3-36-43
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