IDEAS home Printed from https://ideas.repec.org/a/ukb/journl/y2015i233p24-38.html
   My bibliography  Save this article

A Strategic Document on Monetary Policy for the Period of the Inflation Targeting Adoption in Ukraine

Author

Listed:
  • Volodymyr Lepushynskyi

    (National Bank of Ukraine)

Abstract

The article explains why the Main Guidelines of Monetary Policy need to be adopted in a new format: A monetary policy strategy for 2016-2020. This document must combine the program component (goals, objectives and ways of achieving them) and communication component (explanations in understandable format). Based on international experience of inflation targeting central banks in devising strategic documents on monetary policy, the article offers a format of this document for Ukraine and the key provisions it should include. In particular, it explains the approaches to setting the document's goals, use of the instruments necessary to achieve these goals, decision making procedures, declarations and application of an exchange rate regime, and also communication of monetary decision-making.

Suggested Citation

  • Volodymyr Lepushynskyi, 2015. "A Strategic Document on Monetary Policy for the Period of the Inflation Targeting Adoption in Ukraine," Visnyk of the National Bank of Ukraine, National Bank of Ukraine, issue 233, pages 24-38.
    • Handle: RePEc:ukb:journl:y:2015:i:233:p:24-38
    DOI: 10.26531/vnbu2015.233.024
    as

    Download full text from publisher

    File URL: https://journal.bank.gov.ua/en/article/2015/233/02
    Download Restriction: no
    File URL: https://libkey.io/10.26531/vnbu2015.233.024?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    monetary policy strategy; inflation targeting; floating exchange rate;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ukb:journl:y:2015:i:233:p:24-38. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Research Unit (email available below). General contact details of provider: https://edirc.repec.org/data/nbugvua.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.