UDC 336.748.12:338.51
Martsyn, V. S. (2012). Inflyatsiyni protsesy, prychyny yikh vynyknennya ta shlyakhy podolannya v Ukrayini [Inflationary Processes, their Causes and Ways of Overcoming in Ukraine]. Rehional'na ekonomika - Regional Economy, 63(1), 21-30. [in Ukrainian].
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Authors

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Inflation of demand, which occurs when individual and firms incomes grow faster than the real volume of goods and services, and inflation of supply, when the growth of prices is predetermined by growth of production costs in terms of underutilization of productive resources leading to reduction in aggregate supply, are examined. It is proven that the price index, which describes the changes in economy through the GDP deflator used to calculate the value of indicators by the base-period prices, is the most important determinant of inflation and its depth. The ways of development of anti-inflation measures, the mechanism of substitution of foreign borrowings, the regulation of supply of excess money, which is in the hands of population and the transformation of public funds into the investment resources are proposed.

Keywords:

inflationary processes, structural changes, aggregate proposal, free money, consumer prices, minimum wages, inflation pace, the purchasing power, social expenditures