PREREQUISITES FOR THE APPLICATION OF MONETARY POLICY TOOLS OF THE "NEW REALITY" IN THE CONDITIONS OF THE GEOPOLITICAL IMPACT OF MILITARY AGGRESSION IN UKRAINE

The prospects of using a new type of monetary policy instruments, which determine modern significant changes in the development of global financial, economic and social relations, caused by the geopolitical influence of military aggression in Ukraine, are studied. Not only the negative financial and economic impact on the country victim of hostilities, i.e. Ukraine, was established. Problems with inflation and debt were also identified in the G7 countries, as well as in China due to the consequences of the war in Ukraine. It was determined that the financial system of countries that have close trade and monetary transactions with developed market countries will also have a significant impact of the global crisis. The financial and economic indicators of Ukraine, the G7 countries and China for the medium term are predicted. The influence of the main financial threats on the macroeconomic stability of the country's economy in the conditions of military aggression is determined, and the main instruments of monetary policy that would allow maintaining such stability are indicated. It is noted that the use of a new type of monetary policy in modern realities, based on non-traditional instruments, will contribute to overcoming the negative impact of military aggression in all countries that experience it.

Authors

Publication Details

Journal
Financial and credit activity problems of theory and practice
Published
2024-10-31
DOI
https://doi.org/10.55643/fcaptp.5.58.2024.4428
Primary Topic
Economic Issues in Ukraine
Type
article
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article

PREREQUISITES FOR THE APPLICATION OF MONETARY POLICY TOOLS OF THE "NEW REALITY" IN THE CONDITIONS OF THE GEOPOLITICAL IMPACT OF MILITARY AGGRESSION IN UKRAINE

Vadym Polishchuk, Вікторія Дорош, Леся Іщук, Anzhela Nikolaeva
Financial and credit activity problems of theory and practice
Economic Issues in Ukraine
article

PREREQUISITES FOR THE APPLICATION OF MONETARY POLICY TOOLS OF THE "NEW REALITY" IN THE CONDITIONS OF THE GEOPOLITICAL IMPACT OF MILITARY AGGRESSION IN UKRAINE

Vadym Polishchuk, Вікторія Дорош, Леся Іщук, Anzhela Nikolaeva
article en

Abstract

The prospects of using a new type of monetary policy instruments, which determine modern significant changes in the development of global financial, economic and social relations, caused by the geopolitical influence of military aggression in Ukraine, are studied. Not only the negative financial and economic impact on the country victim of hostilities, i.e. Ukraine, was established. Problems with inflation and debt were also identified in the G7 countries, as well as in China due to the consequences of the war in Ukraine. It was determined that the financial system of countries that have close trade and monetary transactions with developed market countries will also have a significant impact of the global crisis. The financial and economic indicators of Ukraine, the G7 countries and China for the medium term are predicted. The influence of the main financial threats on the macroeconomic stability of the country's economy in the conditions of military aggression is determined, and the main instruments of monetary policy that would allow maintaining such stability are indicated. It is noted that the use of a new type of monetary policy in modern realities, based on non-traditional instruments, will contribute to overcoming the negative impact of military aggression in all countries that experience it.

Financial and credit activity problems of theory and practiceVol. 5(58)
Partnerships for the goals
Openalex Percentile: Top 66%
Economic Issues in Ukraine
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