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Modern Trends of the European Central Bank's Monetary Policy Development

Author

Listed:
  • Maksym Shchegliuk

    (SHEE "Kyiv National Economic University named after Vadym Hetman")

Abstract

The article singles out the definition, aim, direction and goals of monetary policy of the ECB, analyses the phenomenon of inflation and shows how the ECB implements measures on its regulation. The article investigates provisions of the Treaty on the Functioning of the European Union concerning monetary policy and defines the aims and instruments of monetary policy of the European Central Bank. It is shown and summarized the main principles of the ECB activities. The mechanism of monetary policy, including such components as economic analysis, strategy of monetary policy, official interest rates and pricing is formed.

Suggested Citation

  • Maksym Shchegliuk, 2014. "Modern Trends of the European Central Bank's Monetary Policy Development," Ukrainian Journal Ekonomist, Yuriy Kovalenko, issue 11, pages 10-13, November.
    • Handle: RePEc:uje:journl:y:2014:i:11:p:10-13
    as

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    File URL: http://ua-ekonomist.com/archive/2014/11/Shchegliuk.Pdf
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    References listed on IDEAS

    as
    1. Paul Krugman, 2012. "Revenge of the Optimum Currency Area," NBER Chapters, in: NBER Macroeconomics Annual 2012, Volume 27, pages 439-448, National Bureau of Economic Research, Inc.
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