Inflation targeting in Ukraine: some aspects, results and conclusions

نویسندگان

چکیده

Introduction. The large-scale war against Ukraine caused a radical change in its economic policy, including the monetary sphere. However, this did not affect plans of National Bank to return inflation targeting (IT) regime after end martial law period. Problem Statement. introduction IT was by chronic exchange rate and problems that occurred despite many attempts fix hryvnia US dollar. application fully take into account international experience accumulated time. In addition, challenges start military aggression receive necessary attention. Purpose. Analysis some features results Ukraine. Determination possible areas improvement policy. Methods. Abstract-logical method, methods comparisons, graphical statistical analysis, theoretical generalization are used. Results. conceptual provisions have left without proper attention world gained during overcoming global financial crisis 2008-2009, as well corona COVID-19. 2014 were taken account. As result, practical properties corresponded rigid version, which common before 2008-2009. Conclusions. transition leading central banks flexible forced move their inability promote growth supporting price stability alone. This led expansion target orientation result it began focus just on stability, but "a rational balance between use resources." Ukraine, qualitative transformation attract due number problematic issues arose regarding determination disinflation schedule, speed institutional reforms, inflation, potential rates growth, effectiveness using one (main) instrument, timeliness validity currency liberalization, bank comply with attracting stabilization loans from organizations.

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ژورنال

عنوان ژورنال: Fìnansi Ukraïni

سال: 2023

ISSN: ['2522-4662', '2305-7645']

DOI: https://doi.org/10.33763/finukr2023.06.034