FEATURES AND PROBLEMS OF MONETARY REGULATION IN RUSSIA

Based on the analysis of the particularities of the monetary policy of the Bank of Russia in the period 2000-2018, an assessment of its effectiveness has been carried out and the main problems in the sphere of monetary regulation have been identified. It has been determined, that the Bank of Russia...

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Main Author: A. Berdyshev
Format: Article
Language:English
Published: Publishing House of the State University of Management 2019-11-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/1804
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author A. Berdyshev
author_facet A. Berdyshev
author_sort A. Berdyshev
collection DOAJ
description Based on the analysis of the particularities of the monetary policy of the Bank of Russia in the period 2000-2018, an assessment of its effectiveness has been carried out and the main problems in the sphere of monetary regulation have been identified. It has been determined, that the Bank of Russia focuses solely on ensuring price stability, limits the availability of credit for enterprises in the real sector of the economy, which significantly reduces their development potential. It has been shown, that under the conditions of unjustified monetary policy rigidity, the efficiency of the banking system’s function of transforming savings into investments is reduced. Thus, the easing of the monetary policy by the Bank of Russia is considered as a necessary condition for the development of national production.
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institution Kabale University
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publisher Publishing House of the State University of Management
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series Вестник университета
spelling doaj-art-8ec159c36f28441cadc5f4e362a8fdeb2025-02-04T08:28:01ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152019-11-0101017017510.26425/1816-4277-2019-10-170-1751531FEATURES AND PROBLEMS OF MONETARY REGULATION IN RUSSIAA. Berdyshev0Financial University under the Government of the Russian FederationBased on the analysis of the particularities of the monetary policy of the Bank of Russia in the period 2000-2018, an assessment of its effectiveness has been carried out and the main problems in the sphere of monetary regulation have been identified. It has been determined, that the Bank of Russia focuses solely on ensuring price stability, limits the availability of credit for enterprises in the real sector of the economy, which significantly reduces their development potential. It has been shown, that under the conditions of unjustified monetary policy rigidity, the efficiency of the banking system’s function of transforming savings into investments is reduced. Thus, the easing of the monetary policy by the Bank of Russia is considered as a necessary condition for the development of national production.https://vestnik.guu.ru/jour/article/view/1804bank of russiainflationmonetary policykey rateinflation targetingexchange rateeconomic growth
spellingShingle A. Berdyshev
FEATURES AND PROBLEMS OF MONETARY REGULATION IN RUSSIA
Вестник университета
bank of russia
inflation
monetary policy
key rate
inflation targeting
exchange rate
economic growth
title FEATURES AND PROBLEMS OF MONETARY REGULATION IN RUSSIA
title_full FEATURES AND PROBLEMS OF MONETARY REGULATION IN RUSSIA
title_fullStr FEATURES AND PROBLEMS OF MONETARY REGULATION IN RUSSIA
title_full_unstemmed FEATURES AND PROBLEMS OF MONETARY REGULATION IN RUSSIA
title_short FEATURES AND PROBLEMS OF MONETARY REGULATION IN RUSSIA
title_sort features and problems of monetary regulation in russia
topic bank of russia
inflation
monetary policy
key rate
inflation targeting
exchange rate
economic growth
url https://vestnik.guu.ru/jour/article/view/1804
work_keys_str_mv AT aberdyshev featuresandproblemsofmonetaryregulationinrussia