Main features of Ukrainian monetary policy during the post-crisis economy reformation

Taisiya Krushelnytska; Olena Kakhovska; Oleksandr Kurinnyi; Olga Matveieva

doi:10.21511/bbs.12(4-1).2017.07

Banks and Bank Systems (Dec 2017)

Main features of Ukrainian monetary policy during the post-crisis economy reformation

Taisiya Krushelnytska,
Olena Kakhovska,
Oleksandr Kurinnyi,
Olga Matveieva

Affiliations

Taisiya Krushelnytska: Doctor of Science in Public Administration, Professor, Department of Public Management and Custom Administration, University of Custom Business and Finances
Olena Kakhovska: Doctor of Science in Economics, Department of Accounting, Economics and Enterprise Personnel Management, Professor, Prydniprovs’ka State Academy of Civil Engineering and Architecture
Oleksandr Kurinnyi: Ph.D. in Economics, Associate Professor, Department of Economics and Regional Economic Policy, Dnipropetrovsk Regional Institute for Public Administration of the National Academy for Public Administration under the President of Ukraine (DRIPA NAPA)
Olga Matveieva: Ph.D. in Public Administration, Associate Professor of Economics, Department of Economics and Regional Economic Policy, Dnipropetrovsk Regional Institute for Public Administration of the National Academy for Public Administration under the President of Ukraine (DRIPA NAPA)

DOI: https://doi.org/10.21511/bbs.12(4-1).2017.07
Journal volume & issue: Vol. 12, no. 4
pp. 189 – 202

Abstract

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The article is devoted to the Ukrainian monetary policy in the period of post-crisis structural reformation. Overcoming consequences of the deepest in Ukraine’s new history economic, social and political crisis become a starting point for modernization of the whole administration system and policy provided. In that period, monetary policy has been changed significantly. It was provoked by necessity for state regulator to respond to act on complex of unexpected challenges. Main features of monetary policy in 2013–2016 (active regulation, stabilization and maintaining proper equilibrium in the economic system; implementation of IMF program; gradual intensification of administrative measures; inflation targeting; influencing the regime of floating exchange rate; prices stabilization; focusing on equilibrium in the balance of payments; mobilization operations restraining; growth of the monetary base; monetary policy measures have generally been a response to fiscal policy and geopolitical policy of Ukraine) are highlighted.

Published in Banks and Bank Systems

ISSN: 1816-7403 (Print); 1991-7074 (Online)
Publisher: LLC "CPC "Business Perspectives"
Country of publisher: Ukraine
LCC subjects: Social Sciences: Finance: Banking
Website: https://businessperspectives.org/journals/banks-and-bank-systems?category_id=30

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