The article develops an integral approach to formulating and realizing a modern monetary policy capable of replacing the traditional one, which was fragmented and unsystematic. The global financial crisis has revealed the absence of sufficient monetary policy instruments and led to the...

The authors discuss the potentially conflicting goals of the monetary and credit policy conducted by central banks in the postcrisis period.

The article considers the key issues of the current development of the Russian banking sector. The authors summarize the main achievements of anticrisis management by the Russian government and Central Bank. They offer possible scenarios for solving the problems of Russian banks' bad debts, and...

The article examines the macroprudential policy of central banks and the classification of its instruments, the choice, design, and calibration of which are involved in maintaining the stability of the financial system and its individual institutions. The effectiveness of using macroprudential...

In a country with eighty-nine constituent entities in its Federation, and where the size of the gross regional product (GRP) produced per capita varies by a factor of 21 and the industrial output produced varies by a factor of more than 30, an orientation toward average statistical indicators...

The formation of the Economic Community [iEkonomicheskoe soobshchestvo/i] opens a new page in the history of the state by offering a chance to overcome a significant part of the old and new contradictions. Decisions made at the very beginning of the transition to the new system of relations...