The result of current monetary policy aimed at curbing high inflation has been the increasing disruption of the country's financial system and the functions of the national currency. In view of the extraordinary complexity of this problem, we shall discuss only individual aspects of it: the...

The author explains how the balance of payments reflects the dependence of the Russian economy on external factors and its consequent backwardness.

Money circulation is a most sensitive barometer which quickly catches and reflects the various processes taking place in the country's economic life.

On the basis of the Government Program for 1995-97 that was approved in March 1995, it was expected that monetary-credit policy in 1995 would be oriented toward accelerating financial stabilization, shortening the phase of structural crisis phase, and forming the initial conditions and potential...