Recommendations for enhancing monetary policy interventions to achieve macroeconomic stability in Ukraine over the medium term

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dc.contributor.authorNasachenko, Mariia
dc.contributor.authorPrimierova, Olena
dc.date.accessioned2024-10-17T10:42:46Z
dc.date.available2024-10-17T10:42:46Z
dc.date.issued2023
dc.description.abstractMonetary policy constitutes a pivotal instrument of economic governance, enabling the regulation of inflation levels, ensuring the stability of the financial system, and supporting sustainable economic growth. However, the implementation of monetary policy amidst macroeconomic instability presents unique characteristics and poses a complex task for central banks and other state authorities. A notable challenge is that macroeconomic instability diminishes the effectiveness of monetary policy. For instance, in a recessionary context, increasing the discount rate does not yield the anticipated effect of reducing inflation and diminishing investment activity. Furthermore, a higher policy key rate can augment the risk of insolvency for households and businesses.en_US
dc.identifier.citationNasachenko M. Recommendations for enhancing monetary policy interventions to achieve macroeconomic stability in Ukraine over the medium term / [Nasachenko Mariia, Primierova Olena] // Financial Policy of Ukraine for the Maintenance of Macroeconomic Stability : the collective monograph / [Lukianenko I., Galytska E., Primierova O. et al. ; general editor Lukianenko I.] ; National University of Kyiv-Mohyla Academy. - Kyiv : Kyiv-Mohyla Academy Publishing House, 2023. - Chapter 2.4. - P. 83-91.en_US
dc.identifier.isbn978-966-518-849-0
dc.identifier.urihttps://ekmair.ukma.edu.ua/handle/123456789/31883
dc.language.isoenen_US
dc.publisherKyiv-Mohyla Academy Publishing Houseen_US
dc.relation.sourceFinancial Policy of Ukraine for the Maintenance of Macroeconomic Stability : the collective monographen_US
dc.statusfirst publisheden_US
dc.subjectmonetary policyen_US
dc.subjectinflationen_US
dc.subjectfiscal deficiten_US
dc.subjectexchange rateen_US
dc.subjectmilitarycrisisen_US
dc.subjectmonograph sectionen_US
dc.titleRecommendations for enhancing monetary policy interventions to achieve macroeconomic stability in Ukraine over the medium termen_US
dc.typeBook chapteren_US
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Financial Policy of Ukraine for the Maintenance of Macroeconomic Stability
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