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Regular version of the site

Article

Exchange Rate Policy as a Factor in Changing Russia’s Economic Structure

Problems of Economic Transition. 2010. Vol. 53. No. 3. P. 69-95.
Smirnov S. V., Balashova E., Posvianskaia L.

The article considers different approaches, all based on detailed statistical data, to determine which industries and commodities have high, medium, or low sensitivity to exchange rate fluctuations. The authors conclude that any exchange rate policy is an inappropriate tool to influence the structure of Russian economy.