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

Journal: Banks and bank systems [electronic resource] (Vol.12, No. 4)

Publication Date:

Authors : ; ; ; ;

Page : 189-202

Keywords : banking system; economic system of Ukraine; macroeconomic stability; monetary policy; post-crisis reformation; shadow economy sector; social and economic crisis; state regulation;

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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.

Last modified: 2018-03-15 18:52:49