Monetary and fiscal policies interaction in Ukraine
In this study, the results of monetary and fiscal policies in Ukraine during 1991–2014 are analyzed. In particular, interconnections between the National Bank and the government regulation of the economy are investigated. 7 key phases in monetary and fiscal policies interconnections are distinguished. Effects of regulatory actions during these phases allow defining governmental regulation features in Ukraine. Combination of moderate monetary expansion and balanced fiscal restriction is proven to be most favorable for economic growth.
monetary policy, fiscal policy, governmental regulation, national bank, монетарна політика, фіскальна політика, державне регулювання, національний банк
Lukianenko I. Monetary and fiscal policies interaction in Ukraine / Iryna G. Lukianenko , Pervin A. Dadashova // Actual Problem of Economics. - 2016. - # 5 (179). - P. 295-307.