ON THE IMPACT OF MONETARY POLICY ON THE ECONOMIC DEVELOPMENT OF RUSSIA
The approaches of various authors to the assessment of the impact of monetary policy on the development of the economy have been considered. The main factors of positive and negative influence of interest rate monetary policy on economic development have been established. Features of influence of mo...
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| Format: | Article |
| Language: | English |
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Publishing House of the State University of Management
2019-12-01
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| Series: | Вестник университета |
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| Online Access: | https://vestnik.guu.ru/jour/article/view/1855 |
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| author | S. V. Laptev |
| author_facet | S. V. Laptev |
| author_sort | S. V. Laptev |
| collection | DOAJ |
| description | The approaches of various authors to the assessment of the impact of monetary policy on the development of the economy have been considered. The main factors of positive and negative influence of interest rate monetary policy on economic development have been established. Features of influence of monetary policy on development of the developed and developing States have been revealed. It has been defined, that the strength of the influence of individual factors on the effectiveness of monetary policy in individual countries varies, and the appropriateness of using monetary policy to support economic growth is determined by the ratio of the total positive and total negative impact. Recommendations on the construction of monetary policy taking into account its positive and negative impact on the development of the economy have been given. They aim at a gradual transition to the use of monetary policy to support growth, to take into account all the factors of influence and the integrated use of all instruments of monetary and fiscal policy to stimulate growth, the achievement of other strategic objectives. |
| format | Article |
| id | doaj-art-2e5d3edee1354440b49dfee5351feacd |
| institution | Kabale University |
| issn | 1816-4277 2686-8415 |
| language | English |
| publishDate | 2019-12-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj-art-2e5d3edee1354440b49dfee5351feacd2025-02-04T08:28:02ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152019-12-0101114014510.26425/1816-4277-2019-11-140-1451555ON THE IMPACT OF MONETARY POLICY ON THE ECONOMIC DEVELOPMENT OF RUSSIAS. V. Laptev0Plekhanov Russian University of Economics; Financial University under the Government of the Russian FederationThe approaches of various authors to the assessment of the impact of monetary policy on the development of the economy have been considered. The main factors of positive and negative influence of interest rate monetary policy on economic development have been established. Features of influence of monetary policy on development of the developed and developing States have been revealed. It has been defined, that the strength of the influence of individual factors on the effectiveness of monetary policy in individual countries varies, and the appropriateness of using monetary policy to support economic growth is determined by the ratio of the total positive and total negative impact. Recommendations on the construction of monetary policy taking into account its positive and negative impact on the development of the economy have been given. They aim at a gradual transition to the use of monetary policy to support growth, to take into account all the factors of influence and the integrated use of all instruments of monetary and fiscal policy to stimulate growth, the achievement of other strategic objectives.https://vestnik.guu.ru/jour/article/view/1855monetary policyinterest rate policyeconomic developmenteconomic growthpositive and negative factors influencing the development of the economyeconomic strategy |
| spellingShingle | S. V. Laptev ON THE IMPACT OF MONETARY POLICY ON THE ECONOMIC DEVELOPMENT OF RUSSIA Вестник университета monetary policy interest rate policy economic development economic growth positive and negative factors influencing the development of the economy economic strategy |
| title | ON THE IMPACT OF MONETARY POLICY ON THE ECONOMIC DEVELOPMENT OF RUSSIA |
| title_full | ON THE IMPACT OF MONETARY POLICY ON THE ECONOMIC DEVELOPMENT OF RUSSIA |
| title_fullStr | ON THE IMPACT OF MONETARY POLICY ON THE ECONOMIC DEVELOPMENT OF RUSSIA |
| title_full_unstemmed | ON THE IMPACT OF MONETARY POLICY ON THE ECONOMIC DEVELOPMENT OF RUSSIA |
| title_short | ON THE IMPACT OF MONETARY POLICY ON THE ECONOMIC DEVELOPMENT OF RUSSIA |
| title_sort | on the impact of monetary policy on the economic development of russia |
| topic | monetary policy interest rate policy economic development economic growth positive and negative factors influencing the development of the economy economic strategy |
| url | https://vestnik.guu.ru/jour/article/view/1855 |
| work_keys_str_mv | AT svlaptev ontheimpactofmonetarypolicyontheeconomicdevelopmentofrussia |