Features of modern monetary policy of the bank of Russia
By the analysis of offi documents of the Bank of Russia, the features of modern monetary policy have been determined. It has been shown that in the context of a controversial decision on the Bank of Russia refusing to conduct currency interventions during the transition to the inflation targeting mo...
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Format: | Article |
Language: | English |
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Publishing House of the State University of Management
2019-04-01
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Series: | Вестник университета |
Subjects: | |
Online Access: | https://vestnik.guu.ru/jour/article/view/1308 |
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author | A. V. Berdyshev |
author_facet | A. V. Berdyshev |
author_sort | A. V. Berdyshev |
collection | DOAJ |
description | By the analysis of offi documents of the Bank of Russia, the features of modern monetary policy have been determined. It has been shown that in the context of a controversial decision on the Bank of Russia refusing to conduct currency interventions during the transition to the inflation targeting mode, as well as its focus on price stability, the monetary policy can`t be recognized as eff ctive because of its insubordination the goal to develop national production through increased lending to the real sector. |
first_indexed | 2024-03-08T04:22:18Z |
format | Article |
id | doaj.art-71aa80d200494926a3b2529c57b4d446 |
institution | Directory Open Access Journal |
issn | 1816-4277 2686-8415 |
language | English |
last_indexed | 2024-04-24T19:04:02Z |
publishDate | 2019-04-01 |
publisher | Publishing House of the State University of Management |
record_format | Article |
series | Вестник университета |
spelling | doaj.art-71aa80d200494926a3b2529c57b4d4462024-03-26T14:22:58ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152019-04-010211311710.26425/1816-4277-2019-2-113-1171291Features of modern monetary policy of the bank of RussiaA. V. Berdyshev0Financial University under the Government of the Russian FederationBy the analysis of offi documents of the Bank of Russia, the features of modern monetary policy have been determined. It has been shown that in the context of a controversial decision on the Bank of Russia refusing to conduct currency interventions during the transition to the inflation targeting mode, as well as its focus on price stability, the monetary policy can`t be recognized as eff ctive because of its insubordination the goal to develop national production through increased lending to the real sector.https://vestnik.guu.ru/jour/article/view/1308monetary policyeconomic growthinflation targetingexchange ratekey rateinflationbank of russia |
spellingShingle | A. V. Berdyshev Features of modern monetary policy of the bank of Russia Вестник университета monetary policy economic growth inflation targeting exchange rate key rate inflation bank of russia |
title | Features of modern monetary policy of the bank of Russia |
title_full | Features of modern monetary policy of the bank of Russia |
title_fullStr | Features of modern monetary policy of the bank of Russia |
title_full_unstemmed | Features of modern monetary policy of the bank of Russia |
title_short | Features of modern monetary policy of the bank of Russia |
title_sort | features of modern monetary policy of the bank of russia |
topic | monetary policy economic growth inflation targeting exchange rate key rate inflation bank of russia |
url | https://vestnik.guu.ru/jour/article/view/1308 |
work_keys_str_mv | AT avberdyshev featuresofmodernmonetarypolicyofthebankofrussia |