English Abstract: The paper analyzes inflation targeting which is used in many countries as a tool for the monetary … policy of central banks. The study of the experience of inflation targeting over the past quarter century shows a number of … shortcomings. The important one is that inflation targeting is powerless in relation to import inflation. This problem is …

"). Conceptual issues of governing inflation are studied in the first part of the book. Then investigated are the pivotal aspects of … interrelationship between price dynamics and imbalances of the reproduction process, such as economic growth and inflation, structural … causes of inflation, current price trends on the world commodity markets, export and import of inflation into open economies …

in the paper.I support the idea that transition to inflation targeting in 2014 was a key factor ensuring that …