ONSEQUENCES OF THE UNSTABLE MONETARY POLICY OF THE NATIONAL BANK OF UKRAINE

Authors

  • Volodymyr Boreiko

Keywords:

The National Bank of Ukraine, monetary policy, the discount rate, lending resources, economic growth

Abstract

The article revealed that monetary policy plays a key role in the dynamic development of the national economy. It
is shown, that the actions of the National Bank of Ukraine in the last decade, which are unstable, is one of the reasons
the depths of the financial and economic crisis in Ukraine. Proved that to ensure stable development of the national economy
and preventing of uncontrolled inflation, the National Bank should, by reducing the discount rate and a balanced monetary
policy, make lending resources available to domestic producers and the population.

Published

2018-02-13