Inflacja jako narzędzie regulacji współczesnej gospodarki rynkowej
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Date
1990
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Wydział Prawa i Administracji UAM
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Inflation as a tool of regulating modern market economy
Abstract
Inflation is a phenomenon inherent in any system operating in conditions of
market economy. It is considered a necessary evil; thus, economic subjects try to
adjust their behavior and activities to inflation or even use it to their advantage.
The purpose of the article is to analyse the consequences of inflation in the
sphere of economic growth and in the national product distribution in highly
developed market economies. At the same time, the analyses are the basis for
investigating to what extent the efects of inflation and the deflationary activities
may be utilized as a tool of regulating a modern market economy as a whole.
The budgetary, monetary and credit policy realized in conditions of inflation
is a factor limiting the dynamics of economic growth. The processes of the prise
rise are autonomous with respect to the increase in the unemployment rate.
In turn, in the sphere of redistribution of national product they generally inflict
the decrease in real income from work or property. Similar negative consequences
are caused by inflation in the sphere of balance of trade and payments (decreased
price competitiveness of goods and services).
In highly developed countries operating in conditions of market economy
inflation may to some extent be utilized as a tool regulating those systems.
However, the consequences of such operations are negative and the possibilities
of using inflation to attain positive results in the economic process are insignificant.
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Digitalizacja i deponowanie archiwalnych zeszytów RPEiS sfinansowane przez MNiSW w ramach realizacji umowy nr 541/P-DUN/2016
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Citation
Ruch Prawniczy, Ekonomiczny i Socjologiczny, 52, 1990, z. 3-4, s. 131-145