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Directions of Influence of Fiscal and Monetary Policy on Key Economic Indicators for Macroeconomic Stabilization

Journal: Scientific review, Науковий огляд, Научное обозрение (Vol.11, No. 43)

Publication Date:

Authors : ;

Page : 33-58

Keywords : GDP; fiscal policy; monetary policy; aggregate demand; aggregate supply;

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Abstract

Ukraine faces the task of raising the pace of economic growth by over 5%. In order to obtain positive dynamics of economic indicators, the fiscal policy of the government should ensure growth of corporate profits, incomes of the working population, withdrawal of the economy from the shadow, increase of revenues to the state budget, and, in combination with the monetary policy of the National Bank, create conditions for a positive impulse from increasing the domestic private consumer and investment costs, state infrastructure projects, overcoming of a double deficit (state budget and balance of payments), strengthening of hryvnia in order to increase the benefits of foreign trade, relying on their own strength.

Last modified: 2018-01-20 04:21:28