The current situation in the world has inverted the perspective, showing us that the coronavirus and its global spread are already causing a widespread economic crisis. Today the economy is a hostage to medicine. The spread of the coronavirus has given rise to ideas that oppose free trade...

Russian Abstract: В работе анализируется режим инфляционного таргетирования, который используется во многих странах как инструмент монетарной политики центральных...

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...

There is no reason to doubt the significance of the inflation index for economic development or the fact that the inflation indicator is used as a central bank's target. The critics of inflation targeting believe that the association of a central bank's monetary policy with the planned inflation...

The inflation index regrettably fails to fully reflect the expectation of the population in developing and, especially, poorer countries. Some of the commodity groups (e.g. electronics, new and used cars, furniture, hotel and restaurant services, etc.) fails to reflect the problem of the...

The article discusses the problems caused by inflation in the developing Asia-Pacific region during the time of the worldwide pandemic and suggests innovative solutions to the problem. The reality is that some of the commodity groups from the consumer basket (e.g., non-seasonal fruits,...

The article examines two regional railway projects, one of which — Kars-Akhalkalaki-Tbilisi-Baku (KATB) — is already reaching completion and the second — restoration of the Abkhazian Section of the Trans-Caucasian Railway (ASTCR) — is still being discussed at the political level. The...

Paper provides an analysis of public debt problem in the Caucasian countries of Armenia, Azerbaijan, Georgia, Iran, Russia and Turkey during the economic crisis under the COVID-19 pandemic. It also discussed some closely related issues, such as inflation, economic growth, employment,...

Among the many problems caused by the coronomic crisis is the quick and substantial growth of the public debts of states. This problem is pressing for Georgia as well. In order to overcome the problems caused by the COVID-19 pandemic, the Government of Georgia managed to attract external debt...