The Influence Real Exchange Rate on the Economic Growth and the Structure of Economy

Результат исследований: Научные публикации в периодических изданияхстатья

Выдержка

The undervaluation of the national currency may lead both to the acceleration of economic growth caused by the growth of the price competitive capability of export and the protection of the internal market, as well as to the emergence of losses in course of devaluation that cannot be compensated by the following economy growth. The Russian ruble demonstrates vulnerability to the shocks at the resource markets, and its deep devaluations are provoked by the drastic falls of oil prices. The analysis carried out in this paper with the purpose to evaluate the influence that the exchange rate fluctuation has on the volume and the commodity structure of import shows that in the short term the weakening of the national currency has little influence on the structure of the goods import. A deep devaluation results in the acceleration of the inflation rate, together with the growth of expenses measured in the internal prices. A subsequent recovery of the real exchange rate due to the outrunning growth of the internal pr
Язык оригиналаанглийский
Страницы (с-по)891-898
ЖурналSGEM International Multidisciplinary Scientific Conference on SOCIAL SCIENCES and ARTS 2014
ТомIII
Номер выпускаbook2
DOI
СостояниеОпубликовано - 2015

Отпечаток

Economic growth
Real exchange rate
Devaluation
Currency
Import
Competitive capabilities
Commodities
Oil prices
Inflation rate
Vulnerability
Undervaluation
Exchange rate fluctuations
Internal market
Expenses
Resources

Цитировать

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The Influence Real Exchange Rate on the Economic Growth and the Structure of Economy. / Lyakin, A.

В: SGEM International Multidisciplinary Scientific Conference on SOCIAL SCIENCES and ARTS 2014, Том III, № book2, 2015, стр. 891-898.

Результат исследований: Научные публикации в периодических изданияхстатья

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