ON THE IMPACT OF MONETARY POLICY ON THE ECONOMIC DEVELOPMENT OF RUSSIA
The approaches of various authors to the assessment of the impact of monetary policy on the development of the economy have been considered. The main factors of positive and negative influence of interest rate monetary policy on economic development have been established. Features of influence of mo...
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Publishing House of the State University of Management
2019
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oai:doaj.org-article:2e5d3edee1354440b49dfee5351feacd2021-12-03T07:43:30ZON THE IMPACT OF MONETARY POLICY ON THE ECONOMIC DEVELOPMENT OF RUSSIA1816-42772686-841510.26425/1816-4277-2019-11-140-145https://doaj.org/article/2e5d3edee1354440b49dfee5351feacd2019-12-01T00:00:00Zhttps://vestnik.guu.ru/jour/article/view/1855https://doaj.org/toc/1816-4277https://doaj.org/toc/2686-8415The approaches of various authors to the assessment of the impact of monetary policy on the development of the economy have been considered. The main factors of positive and negative influence of interest rate monetary policy on economic development have been established. Features of influence of monetary policy on development of the developed and developing States have been revealed. It has been defined, that the strength of the influence of individual factors on the effectiveness of monetary policy in individual countries varies, and the appropriateness of using monetary policy to support economic growth is determined by the ratio of the total positive and total negative impact. Recommendations on the construction of monetary policy taking into account its positive and negative impact on the development of the economy have been given. They aim at a gradual transition to the use of monetary policy to support growth, to take into account all the factors of influence and the integrated use of all instruments of monetary and fiscal policy to stimulate growth, the achievement of other strategic objectives.S. V. LaptevPublishing House of the State University of Managementarticlemonetary policyinterest rate policyeconomic developmenteconomic growthpositive and negative factors influencing the development of the economyeconomic strategySociology (General)HM401-1281Economics as a scienceHB71-74RUВестник университета, Vol 0, Iss 11, Pp 140-145 (2019) |
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monetary policy interest rate policy economic development economic growth positive and negative factors influencing the development of the economy economic strategy Sociology (General) HM401-1281 Economics as a science HB71-74 |
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monetary policy interest rate policy economic development economic growth positive and negative factors influencing the development of the economy economic strategy Sociology (General) HM401-1281 Economics as a science HB71-74 S. V. Laptev ON THE IMPACT OF MONETARY POLICY ON THE ECONOMIC DEVELOPMENT OF RUSSIA |
description |
The approaches of various authors to the assessment of the impact of monetary policy on the development of the economy have been considered. The main factors of positive and negative influence of interest rate monetary policy on economic development have been established. Features of influence of monetary policy on development of the developed and developing States have been revealed. It has been defined, that the strength of the influence of individual factors on the effectiveness of monetary policy in individual countries varies, and the appropriateness of using monetary policy to support economic growth is determined by the ratio of the total positive and total negative impact. Recommendations on the construction of monetary policy taking into account its positive and negative impact on the development of the economy have been given. They aim at a gradual transition to the use of monetary policy to support growth, to take into account all the factors of influence and the integrated use of all instruments of monetary and fiscal policy to stimulate growth, the achievement of other strategic objectives. |
format |
article |
author |
S. V. Laptev |
author_facet |
S. V. Laptev |
author_sort |
S. V. Laptev |
title |
ON THE IMPACT OF MONETARY POLICY ON THE ECONOMIC DEVELOPMENT OF RUSSIA |
title_short |
ON THE IMPACT OF MONETARY POLICY ON THE ECONOMIC DEVELOPMENT OF RUSSIA |
title_full |
ON THE IMPACT OF MONETARY POLICY ON THE ECONOMIC DEVELOPMENT OF RUSSIA |
title_fullStr |
ON THE IMPACT OF MONETARY POLICY ON THE ECONOMIC DEVELOPMENT OF RUSSIA |
title_full_unstemmed |
ON THE IMPACT OF MONETARY POLICY ON THE ECONOMIC DEVELOPMENT OF RUSSIA |
title_sort |
on the impact of monetary policy on the economic development of russia |
publisher |
Publishing House of the State University of Management |
publishDate |
2019 |
url |
https://doaj.org/article/2e5d3edee1354440b49dfee5351feacd |
work_keys_str_mv |
AT svlaptev ontheimpactofmonetarypolicyontheeconomicdevelopmentofrussia |
_version_ |
1718373502302552064 |