Enhancing Financial Deepening as a Factor of Reducing the Inflationary Pressure in Post-Soviet Economies

Abstract

The article considers the issues of inflationary monetization in postsoviet countries and how the deepening of financial intermediation could overcome this. It analyses the current situation of financial intermediation in mentioned countries and finds the institutional obstacles for its further development taking into account the consequences of recent global financial crisis. This implies the reconsideration of some basic concepts of financial intermediation development in postsoviet countries and the model of its regulation and supervision as well.