MONETARY POLICY AND INVESTMENTS IN RUSSIA

DOI 10.32651/217-2

Issue № 7, 2021, article № 1, pages 2-7

Section: Program-target management of development of agricultural production

Language: Russian

Original language title: ДЕНЕЖНО-КРЕДИТНАЯ ПОЛИТИКА И ИНВЕСТИЦИИ В РОССИИ

Keywords: INVESTMENTS, KEY RATE, PRICE, FIXED ASSETS, AGRICULTURAL ECONOMY, STATE SUPPORT

Abstract: The problems of production development are largely caused by insufficient financing of investments, which, in our opinion, is due to the monetary policy pursued by the Central Bank of Russia, which is based on the fight against inflation. This article analyzes the emerging dynamics of the key refinancing rate as a tool for regulating the economy, and reveals the absence of a relationship between the dynamics of the key rate and investments in fixed assets. A simplified model of the relationship between monetary policy and investment is considered.

Authors: Kulov Aslan Rostislavovich