Język Polski
English
Published
:
2021-03-30
Efficiency of Ukraine's Monetary Policy in the Context of Achieving Monetary Security
Galina Myskiv
Nazarii Grygoryshyn
Olha Levytska-Revutska
Abstract
The article explores the effectiveness of monetary policy by identifying its main criteria and analyzing indicators of monetary security. The authors draw conclusions about the state of monetary policy and its impact on Ukraine's economic security. The analysis indicates that the country's monetary policy is sufficiently effective to achieve the monetary goals and guarantee economic security. Four groups of monetary threats to economic security were identified, related to monetary policy, banking, investment and institutional environment, which were rated on a scale from 0 to 5 for 2010, 2015 and 2020. At the beginning of 2020 Ukraine's economic security was mainly threatened by excessive dollarization of the economy and a small share of long-term loans in all total loans granted by banks. The authors argue that effective monetary policy at the present stage should focus on stabilizing, modernizing and restructuring the industry.(original abstract)Keywords:
Monetary policy, Financial security, Economic safetyDetails
References
Statistics
Authors
Citation rules
Myskiv, G., Grygoryshyn, N., & Levytska-Revutska, O. (2021). Efficiency of Ukraine’s Monetary Policy in the Context of Achieving Monetary Security. Zeszyty Naukowe Wyższej Szkoły Bankowej W Poznaniu, 92(1). https://doi.org/10.5604/01.3001.0014.9150