V. Semenov, Institute for Latin American Studies, Russian Academy of Sciences (ILA RAN), 21/16, B. Ordynka Str., Moscow, 115035, Russian Federation (email@example.com).
Seemingly, the experience of Latin American countries in the crisis period and before may be useful for Russia to address its highly essential tasks of the countercyclical policy improvement, investment climate enhancement, the reduction of state's direct participation in economy, raising of the banking system efficiency and competitiveness. Such experience will be significant to achieve optimal economic criteria for passing on to the inflation targeting principle.
economy, economic crisis, stabilization, monetary control, fiscal policy, foreign economic policy, currency regulation, inflation, targeting, Latin America, Russia
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