Conference publications

Abstracts

XXII conference

Optimal real exchange rate policy for russian economics

Krivosheev O.I.

Moscow, MESI, IPU RAS, 8-926-147-77-36, (o-krivosheev@ya.ru, okrivosheev@mail.ru

We consider statistically based dependence real amount of import from real exchange rate. Monetary import volume decreases until real exchange rate is at 2004 year value and increases at smaller values. At that time real import decreases 3 times while it’s monetary volume decrease’s only 1.7 times. It means Russia has very powerful weapon to defeat from external sanctions even if export remains constant or decreases nearly twice.

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