Ways to Ensure a Low and Stable Level of Money Supply Growth
Keywords:
money supply, Central Bank, monetary policy, inflation, credit, interest rate, required reserve
Abstract
Ensuring a low and stable growth rate of the money supply is a prerequisite for curbing inflation and stimulating economic activity. Therefore, in many countries of the world, control over the growth rate of the money supply is one of the main indicators of monetary policy.
In turn, ensuring a low and stable growth rate of the money supply requires improving the mechanism for regulating the money supply.
The article scientifically substantiates the possibility of ensuring a low and stable growth rate of the money supply in the Republic of Uzbekistan.
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References
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11. The table was compiled by the author based on the statistical data of the Central Bank of the Republic of Uzbekistan.
12. Statistics//www.cbu.uz
2. Friedman M. Esli by zagovorili dengi. Per. s Eng.-M.: INFRA-M, 2001.- S. 63.
3. Mishkin F.S. Economic theory, banking and financial markets. Per. English - M.: OOO "I.D. Williams", 2013. - S. 485.
4. Taylor, J. The Robustness and Efficiency of Monetary Policy Rules as Guidelines for Interest Rate Setting by the European Central Bank//Journal of Monetary Economics. Vol. 43. Issues, 1993. - P. 655-679.
5. Devereux M.B., Engel C. Monetary Policy in the Open Economy Revisited: Price Setting and Exchange Rate Flexibility//NBER Working Paper, 2000. – No. 7665.– P. 765-783.; Esanov, A., Merkle, C., Souza, L.V. Monetary policy rules for Russia. Journal of Comparative Economics 33 – Helsinki: BOFIT, 2004. – 59 p.
6. Miller LR, Van Hoose DD. Sovremennye dengi i bankovskoe delo. Per. English - M.: Infra-M, 2000.- 856 p.
7. Bobakulov T.I. Problems of ensuring the stability of the national currency exchange rate in the Republic of Uzbekistan and ways to solve them. I.F.D. science narrow take three. destiny eat diss. autoref. - Tashkent, 2008. - B. 27.
8. Abdullaev U.A. Monetary policy of the Central Bank and its impact on economic growth. I.f.n. science narrow take three. destiny eat diss. autoref. - Tashkent, 2011. - B. 14.
9. Law of the Republic of Uzbekistan. About the Central Bank of the Republic of Uzbekistan. National database of legal documents: No. 03/19/582/4014. 12.11.2019
10. Central Bank of the Republic of Uzbekistan. Main directions of monetary policy for 2022 and 2023-2024//www.cbu.uz
11. The table was compiled by the author based on the statistical data of the Central Bank of the Republic of Uzbekistan.
12. Statistics//www.cbu.uz
Published
2022-09-20
How to Cite
Ismailov, A. A. (2022). Ways to Ensure a Low and Stable Level of Money Supply Growth. Central Asian Journal of Theoretical and Applied Science, 3(9), 70-76. Retrieved from https://cajotas.centralasianstudies.org/index.php/CAJOTAS/article/view/920
Section
Articles
