ResearchBib Share Your Research, Maximize Your Social Impacts
Sign for Notice Everyday Sign up >> Login

Inflation and its Impact on the Economy of Ukraine

Journal: Herald of the Economic Sciences of Ukraine (Vol.37, No. 2)

Publication Date:

Authors : ;

Page : 3-7

Keywords : inflation; anti-inflation policy; foreign exchange market; industrial products; consumers; producers; price index; national economy.;

Source : Downloadexternal Find it from : Google Scholarexternal


The article analyzes the causal relationships of the dynamics of inflation processes in Ukraine using the tools of anti-inflationary policy. The main causes of inflationary processes in Ukraine are determined. The main directions for the improvement of anti-inflationary policy in Ukraine are proposed, the main ones being: the development of comprehensive state programs for the development of economic sectors that contribute to the creation of competitive, high-tech and high-tech production, especially in the agro-industrial complex and IT industry; improvement of the monetary policy of the National Bank of Ukraine, which should consist of crediting efficient production in priority sectors of the economy, using a productive issue tool that through a credit channel facilitates the growth of production, import substitution, the saturation of domestic markets with domestic goods, growth of employment and wages; stabilization of the foreign exchange market through currency, banking, and monetary regulation reforms, which are aimed at balancing the development of the foreign exchange market, supporting the development of export-oriented industries with high added value, and creating positive incentives for bringing exporters to the country.

Last modified: 2020-05-22 01:38:52