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Gold and Currency Reserves and Directions of Their Rational Usage

https://doi.org/10.32609/0042-8736-2007-10-41-51

Abstract

The article discusses the structure and functions of modern gold and currency reserves (GCR). It is shown that while managing GCR it is necessary to provide their most effective usage. Basic criteria of their sufficiency are considered. The superfluity of Russian GCR is noted and possible directions of their usage for the development of the national economy and social sphere are proposed.

About the Authors

V. Belkin
Central Economics and Mathematics Institute of the Russian Academy of Sciences
Russian Federation


V. Storozhenko
Central Economics and Mathematics Institute of the Russian Academy of Sciences
Russian Federation


References

1. Глазьев С. Ю. Развитие российской экономики в условиях глобальных технологических сдвигов: Научный доклад. М.: Национальный институт развития, 2007.

2. Золотухина Т. К вопросу об определении уровня достаточности официальных золотовалютных резервов // Вопросы экономики. 2002. № 3. С. 31-50.

3. Лавровский Б. Не ведают, что творят // Вопросы экономики. 2007. № 6. С. 153-155.

4. Фетисов Г. Золотовалютные резервы России: объем, структура, управление // Вопросы экономики. 2005. № 1. С. 49-62.

5. Scott R. Tue Management of Foreign Exchange Reserves // Bank for International Settlements Economic Papers No 38. July 1993.


Review

For citations:


Belkin V., Storozhenko V. Gold and Currency Reserves and Directions of Their Rational Usage. Voprosy Ekonomiki. 2007;(10):41-51. (In Russ.) https://doi.org/10.32609/0042-8736-2007-10-41-51

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ISSN 0042-8736 (Print)