THE IMPACT OF INFLATION ON CENTRAL ASIAN COUNTRIES
DOI:
https://doi.org/10.55640/Keywords:
Central Asian economy, Inflation, Price increases, Economic policy, Monetary policy, Consumers’ purchasing power, Macroeconomic stability, Social impact of inflation, Regional economic cooperation, Global economic changes, Investment environment, Exchange rate fluctuations, Inflation statistics, Economic growth rate, Resource shortages.Abstract
This article analyzes the economic, social, and political effects of inflation in the Central Asian countries. It provides an in-depth examination of the role of inflation in the regional economy and its impact on various sectors, including price increases, consumers' purchasing power, and economic growth rates. The article also highlights the differences in inflation management and economic policies among the regional countries, such as Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan. Furthermore, it explores how inflation is shaped by both global and domestic factors, including global economic changes, fluctuations in exchange rates, and challenges related to domestic resources, and the effects these have on the regional economy. Additionally, the paper focuses on analyzing the approaches and measures adopted by the governments of Central Asia to tackle inflation within their economic policies.
References
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2.Sharipov, A. (2020). Inflation and Its Impact on Economic Stability. Kazakhstan National University Press.
3.Karimov, F. (2022). Inflation and Economic Growth: The Uzbek Experience. Tashkent: Uzbekistan State Economics University.
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5.Isakov, R. (2023). Monetary Policy in Central Asian Countries: Inflation and Economic Growth. Bishkek: Kyrgyzstan National University.
6.Berdiev, B. (2020). Inflation in Tajikistan and International Economic Factors. Dushanbe: Tajikistan State Economics University.
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