Exchange Rates: in Search of Strategic Equilibrium

#1. Event Horison
Exchange Rates: in Search of Strategic Equilibrium

As a result of further theoretical development of approaches to modeling equilibrium exchange rates developed a generalized dynamic model based on the concepts of macroeconomic equilibrium and the balance of payments with regard to the mechanism of formation relative international competitive advantage. In the framework proposed by the author concept IFEER withdrawn the final formula of the equilibrium exchange rates depending on the fundamental macroeconomic indicators.

Strategic Directions of the Russian Economy Monetary Regulation

#5. To Understand. To Prevent. To Overcome
Strategic Directions of the Russian Economy Monetary Regulation

The article deals with strategic directions of development of the Russian economy monetary regulation based on the current state of the Bank of Russia monetary policy, paradoxes of modern economic theory, analysis of new global trends in the money and capital markets, as well as the priority areas of the Russian financial market development and its financial infrastructure, tools and products.

The Crisis of the Russian Economy Development Trend Persists

#5. To Understand. To Prevent. To Overcome
The Crisis of the Russian Economy Development Trend Persists

Changing of a conjuncture index of “Economic strategy” (CIES) for the january–april 2016 is considered. The contribution of indicators of supply and demand in CIES is estimated. The analysis of industrial production is carried out.

Reform of Yuan Exchange Rate

#1. Choice of Identity
Reform of Yuan Exchange Rate

The article deals with the reform of the RMB (Yuan) exchange rate, determines its steps and main guidelines, gives analysis of the corresponding legal and institutional changes. The reform of RMB exchange rate represents a unique experience of structural changes in the economy, particularly during the financial crisis. Today we are witnessing the Yuan progressive strengthening in the global economy. The author concludes that strategic goal of the reform is progressive transition of the Yuan to free convertibility and its acquiring the status of the world reserve currency.