INSTITUTIONAL SUSTAINABILITY OF THE NATIONAL MONETARY UNIT IN CONDITIONS OF ECONOMIC CRISES


Koschegulova I.R., Khusainova A.I.

It is proved that increasing the stability of the national monetary unit during economic crises is a paramount task for the country`s economy. It is emphasized that the solution of this task is complicated by the absence of specified stability criteria for the national currency. The authors analyze the savings behavior of the Russian population in economic crises in the period from 1998 to 2016. Based on the results obtained, the authors conclude that the structure of bank deposits of individuals should be used as an indicator of the level of confidence in the monetary unit, which in turn is a criterion of stability of the national currency. Keywords: economic crisis, national monetary unit, stability, trust, currency, institute.

Ilmira R. Koshchegulova, Doctor of Economics, Professor, Head of Finance and Economic Analysis Department; Aliya I. Khusainova, a post-graduate student - Ufa State Aviation Technical University.


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