| | PROBLEMS OF MODERN ECONOMICS, N 2 (42), 2012 | | ECONOMIC PROBLEMS OF REGIONS AND BRANCH COMPLEXES | | Malinina T. V. Assistant Professor, Chair of Economics and Management in Power Engineering and the Use of Nature Resources, St.Petersburg State Polytechnic University, PhD (Economics) Shul’ginov R. N. PhD student, Chair of Economics and Management in Power Engineering and the Use of Nature Resources, St. Petersburg State Polytechnic University
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| The article shows how accounting for inflation impacts the effectiveness of construction of the electric power station with a long-run exploitation term. The authors discuss various ways of how inflation may be accounted for, and show that the rate of inflation is an ambiguous index in the evaluation of the net discount profit, which decreases the cost of the project | Key words: inflation, project effectiveness, nominal interest rates, real interest rates, power engineering object | Pages: 322 - 324 |
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