A Quote by Elvira Nabiullina

The monetary policy instruments which Russia has at its disposal are pretty well developed. — © Elvira Nabiullina
The monetary policy instruments which Russia has at its disposal are pretty well developed.
Of course I welcome all the normalization of monetary policy. I think monetary policy should be normal.
We need to keep in mind the well-established fact that the full effects of monetary policy are felt only after long lags. This means that policy makers cannot wait until they have achieved their objectives to begin adjusting policy.
Inflation is certainly low and stable and, measured in unemployment and labour-market slack, the economy has made a lot of progress. The pace of growth is disappointingly slow, mostly because productivity growth has been very slow, which is not really something amenable to monetary policy. It comes from changes in technology, changes in worker skills and a variety of other things, but not monetary policy, in particular.
Russia and China, when they were communist-like adversaries, they didn't participate. They're participating now in the world with us. They're trading monetary instruments. We're buying and selling goods back and forth, trading oil and so forth.
During one or two summers, as well as part-time during the school year, I worked for a small Canadian company which developed electrical instruments for military planes.
It is essential that policy instruments be developed that would firmly establish democratization on the basis of social consensus and enable transformation on stable grounds.
If you want Russia to be a real fully developed partner, then America should invest in Russia and activate Russia as a strong nation.
The policy of Russia is changeless. Its methods, its tactics, its maneuvers may change, but the polar star of its policy, world domination, is a fixed star. About Russia
If we use our policy instruments wisely with regard to broadband, we can do some very practical things to make 'growth and jobs' a reality in the less-developed and rural regions of Europe, too.
Gold was not selected arbitrarily by governments to be the monetary standard. Gold had developed for many centuries on the free market as the best money; as the commodity providing the most stable and desirable monetary medium.
At best, in such depression times, monetary policy is a feeble reed on which to lean.
Putin imagined it would be different. So, like many Russian leaders before him, he imagined that Ukraine was basically Russia, but they speak with a funny accent. Actually, it's not Russia; it has a different identity. It has a very different language. Russians don't automatically understand Ukrainian. And, in particular, the way Ukraine has developed over the last two decades is different from the way Russia has developed.
I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed.
Fiscal policy, monetary policy, they need to work together to try and raise the level of growth.
I didn't decide to play guitar, but that was the instrument which I was offered. I've always been interested in horn-type instruments, such as a saxophone; but those instruments are very expensive, so my dad bought me a guitar instead. I didn't like the guitar at first, but after noodling on it for several months, I developed a feel for it.
Beyond monetary policy, fiscal policy has traditionally played an important role in dealing with severe economic downturns.
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