THE ROLE OF MONETARY POLICY IN ENSURING MACROECONOMIC STABILITY AND DEVELOPMENT

Authors

  • Elyor Rapikaliev Master’s Student of Tashkent State University of Economics

Keywords:

Monetary policy, budget-financial goals, inflation targeting

Abstract

The first element of monetary policy that affects inflation is aggregate demand, which depends on the price level at the national level. The transmission mechanism of monetary policy explained above mainly considers the impact on GDP through aggregate demand. In this, an approach is taken to the current state of GDP, and to the short- and medium-term periods of total demand. It should be noted that in this situation there is also a potential GDP indicator that reflects non-monetary factors. The difference between the potential and current GDP, as well as the increase in direct aggregate demand, can cause inflation at the state level. Production as a result of inflation

References

Abdullaeva Sh.Z. (2020). Banking. Tashkent.

Azizov U.O. (2019). Banking. Tashkent.

Danylyshyn, B., & Bohdan, I. (2022). Monetary policy during the wartime: How to ensure macroeconomic stability. Investment Management and Financial Innovations, 19(2), 344-359.

Kurpayanidi, K. I. (2020). Some issues of macroeconomic analysis and forecasting of the economy of Uzbekistan. Iqtisodiyot va innovatsion texnologiyalar. Ilmiy elektron jurnali, 2, 100-108.

Ulashev, H. A., & Irisova, D. I. (2022). MONETARY POLICY OF THE REPUBLIC OF UZBEKISTAN AND ITS ROLE IN ENSURING MACROECONOMIC STABILITY AND DEVELOPMENT OF THE STATE. American Journal of Sociology, Economics and Tourism, 2, 5-9.

Keynes J.M. (2007). General theory of employment of interest and money. Moscow. Eksmo, 960.

Kassel G. (1995). Inflation and exchange rate. Moscow. Elf-press, 23.

Morozova T. (2002). State regulation of the economy. Moscow.

Downloads

Published

2023-10-10

How to Cite

Elyor Rapikaliev. (2023). THE ROLE OF MONETARY POLICY IN ENSURING MACROECONOMIC STABILITY AND DEVELOPMENT. World Economics and Finance Bulletin, 27, 43-44. Retrieved from https://scholarexpress.net/index.php/wefb/article/view/3238

Issue

Section

Articles