Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/172665
Authors: 
Götz, Linde
Koester, Ulrich
Glauben, Thomas
Bulavin, Rudolf
Year of Publication: 
2015
Citation: 
[Journal:] Intereconomics [ISSN:] 1613-964X [Publisher:] Springer [Place:] Heidelberg [Volume:] 50 [Year:] 2015 [Issue:] 4 [Pages:] 227-233
Abstract: 
The Russian government implemented a wheat export tax in February 2015 to reduce food inflationary pressures resulting from the rouble's dramatic devaluation. This article discusses the causes of the rouble's instability and volatility, and the effects of the export controls on domestic wheat and bread prices. Although such export taxes are appealing to governments due to their low financial costs, we show that their economic costs are substantial in the long run. We suggest desisting from such trade-oriented measures and instead helping consumers adapt to high food prices.
Persistent Identifier of the first edition: 
Document Type: 
Article
Document Version: 
Published Version

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