Relationship between Inflation and Economic Growth in the Kyrgyz Republic

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Sosyoekonomi
Volume:6 Issue:6
Relationship between Inflation and Economic Growth in the Kyrgyz Republic

Relationship between Inflation and Economic Growth in the Kyrgyz Republic

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Publication Date : 2007-12-01

Article Type : Research Paper

Abstract :Most fundamental macroeconomic objective of the most other countries, as well as the Kyrgyz Republic, is to sustain low inflation rates together with high economic growth. Recently, the relationships between inflation and economic growth have been hotly debated. These works investigate relationship between inflation and economic growth. Ultimately, it has been tested whether a meaningful relationship is held in the Kyrgyz Republic. The considered period consists of 10 years insert ignore into journalissuearticles values(1995-2005);. Regression for economic growth has been used with Kumtor and without Kumtor, because influence of activities of the gold mining company is significant and can “wipe off” influences of other macroeconomic factors.
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