RESEARCH OF THE DENSITY AND A CHARACTER OF AN INTERRELATION BETWEEN MACROECONOMIC AND MONETARY POLICY FIGURES

Author

, professor, Kharkiv, Lenina, 9 a
, associate professor, Kharkiv, Lenina, 9 a
, student, Kharkiv, Lenina, 9 a

In heading

Economic theory;

Signed print

24.10.2014

Issues number

2014 - № 4 (19)

Page

81-91

Type of articles

Scientific article

Code UDK

330.101.541

ISSN print

2218-8010

Abstract

Problem setting. In the contemporary market economy the monetary policy is one of the most considerable leverages of an influence of a state on passing of economic processes in general and on the competitiveness of a country in particular. To provide an effective policy it is expedient to not only research dynamics of certain macroeconomic and monetary figures, but also to perform the statistical analysis of them.
Recent research and publications analysis. A wide range of matters related to the research of an interrelation between the macroeconomic and monetary figures is reveled by a set of domestic scientists, e.g. V. Zianko, N. Kamasheva, L. Kryvenko, A. Stavytskyi etc.
Paper objective. An objective of the article is to research the interrelation between the macroeconomic and monetary figures, to determine ways of the enhancement of a level of competitive positions of Ukraine on account of the monetary policy optimization.
Paper main body. The authors researched the density and the character of an interrelation between the macroeconomic and monetary policy figures by the calculation of the index of competitiveness at micro level. This index determines the social and economic potential of a country, taking into account its economic increase and, also, factors influencing a general state of the economy and, respectively, the monetary policy.
The authors emphasized monetary indices influencing a level of GDP and, as a result, the competitiveness of a country. To solve this task the density of the interrelation between the main macroeconomic and monetary policy figures from 2005 to 2013 was researched on the basis of the correlation and regression analysis.
Conclusions of the research. The results of research of the interrelation between the macroeconomic and monetary policy figures confirm that performing of the scientifically substantiated monetary policy by a government significantly influences the dynamics of GDP and inflationary processes. This, in turn, causes the significant influence on general competitive positions of Ukraine among other countries of the world.

Keywords

Monetary policy, monetary policy instruments, macroeconomic competitiveness of a country, GDP quality index.

Reviewer

External reviewer

Article in PDF

4 81-91

Bibliography

none

Code DOI

This post is also available in: Russian, Ukrainian

10.09.2014