2019 2(37) 1

Inflation and its Impact on the Economy of Ukraine 

R. Byvshev, A. Listopadov
Phd in Economic Sciences
Donbass Engineering Academy, Kramatorsk

Citation Format
Byvshev, R. О., & Listopadov, A. О. (2019). Inflation and its impact on the economy of Ukraine. Visnyk ekonomichnoi nauky Ukrainy, 2 (37), рр. 3-7. doi: https://doi.org/10.37405/1729-7206.2019.2(37).3-7

Language
 Ukrainian

Resume
The article analyzes the causal relationships of the dynamics of inflation processes in Ukraine using the tools of anti-inflationary policy. The main causes of inflationary processes in Ukraine are determined. The main directions for the improvement of anti-inflationary policy in Ukraine are proposed, the main ones being: the development of comprehensive state programs for the development of economic sectors that contribute to the creation of competitive, high-tech and high-tech production, especially in the agro-industrial complex and IT industry; improvement of the monetary policy of the National Bank of Ukraine, which should consist of crediting efficient production in priority sectors of the economy, using a productive issue tool that through a credit channel facilitates the growth of production, import substitution, the saturation of domestic markets with domestic goods, growth of employment and wages; stabilization of the foreign exchange market through currency, banking, and monetary regulation reforms, which are aimed at balancing the development of the foreign exchange market, supporting the development of export-oriented industries with high added value, and creating positive incentives for bringing exporters to the country.

Keywords
inflation, anti-inflation policy, foreign exchange market, industrial products, consumers, producers, price index, national economy.

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