Monetary and Fiscal Policies Interaction in Ukraine

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Date
2016
Authors
Lukianenko, Iryna
Dadashova, Pervin
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Abstract
In this study, the results of monetary and fiscal policies in Ukraine during 1991–2014 are analyzed. In particular, interconnections between the National Bank and the government regulation of the economy are investigated. 7 key phases in monetary and fiscal policies interconnections are distinguished. Effects of regulatory actions during these phases allow defining governmental regulation features in Ukraine. Combination of moderate monetary expansion and balanced fiscal restriction is proven to be most favorable for economic growth.
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Keywords
monetary policy, fiscal policy, governmental regulation, national (central) bank, монетарна політика, фіскальна політика, державне регулювання, національний (центральний) банк
Citation
Lukianenko Iryna. Monetary and Fiscal Policies Interaction in Ukraine / Lukianenko I. H., Dadashova P. A. // Актуальні проблеми економіки. - 2016. - № 5 (179). - С. 295-307.