Matches in SemOpenAlex for { <https://semopenalex.org/work/W4313270902> ?p ?o ?g. }
Showing items 1 to 74 of
74
with 100 items per page.
- W4313270902 endingPage "29" @default.
- W4313270902 startingPage "15" @default.
- W4313270902 abstract "The influence of the interest policy of the National Bank of Ukraine on the dynamics of lending to non-financial corporations during the period of using the monetary regime of fixed exchange rate and inflation targeting is considered. It has been proven, that the use of the symmetric corridor of the interest policy of the National Bank of Ukraine has a negative effect on the volume of lending to non-financial corporations, since high rates on deposit certificates of the National Bank of Ukraine create a risk-free and highly profitable instrument for the placement of bank assets, which discourages lending to the real sector of the economy. The absence of a connection between the interest rate policy and the dynamics of the consumer price index and the money supply during the period of inflation targeting is substantiated, which made it possible to prove the low level of effectiveness of the chosen monetary regime.
 The aim of the article is to study the problems of bank lending to non-financial corporations of Ukraine in the conditions of inflation targeting and to develop proposals for its stimulation, taking into account foreign experience.
 Methods. The methodological basis of the work is the dialectical method of cognition, the position of the theory of monetary policy and credit. The work uses methods of economic and mathematical statistics and methods of correlation analysis to analyze the features of lending to non-financial corporations and the impact of inflation targeting on the dynamics of bank lending; generalization methods for formulating research conclusions.
 Results. The monetary regime of inflation targeting is quite often recommended by the International Monetary Fund for implementation in countries with emerging markets as a basic set of central bank tools for regulating inflation and ensuring price stability. However, in conditions of import dependence of the national economies of countries with emerging markets, in addition to changes in the money supply and credit activity of banks, the dynamics of export-import operations and the volume of official reserve assets, which determine the level of the exchange rate, have a decisive influence on the dynamics of the consumer price index, and it, in turn, determines the level of prices for imported goods and services. Neglecting the non-monetary factors of supply inflation during the implementation of the interest policy leads to the limitation of bank lending to non-financial corporations, which in turn reduces the ability of enterprises to increase capital investments at the expense of bank loans, as well as to develop domestic production with high added value and to implement the policy of import substitution. Therefore, for this purpose, it is necessary to use the asymmetric corridor of the central bank's interest policy and stimulate targeted bank lending to non-financial corporations." @default.
- W4313270902 created "2023-01-06" @default.
- W4313270902 creator A5047231986 @default.
- W4313270902 creator A5087564984 @default.
- W4313270902 creator A5051565619 @default.
- W4313270902 date "2022-11-30" @default.
- W4313270902 modified "2023-09-26" @default.
- W4313270902 title "Comparative analysis of bank lending to non-financial corporations under the conditions of inflation targeting" @default.
- W4313270902 cites W2789440457 @default.
- W4313270902 cites W2800716166 @default.
- W4313270902 cites W2889507743 @default.
- W4313270902 cites W2975271546 @default.
- W4313270902 cites W3082550432 @default.
- W4313270902 cites W3082813713 @default.
- W4313270902 cites W3090991688 @default.
- W4313270902 cites W3123710572 @default.
- W4313270902 cites W3211906307 @default.
- W4313270902 cites W4221051303 @default.
- W4313270902 cites W4236545504 @default.
- W4313270902 doi "https://doi.org/10.21303/2504-5571.2022.002559" @default.
- W4313270902 hasPublicationYear "2022" @default.
- W4313270902 type Work @default.
- W4313270902 citedByCount "0" @default.
- W4313270902 crossrefType "journal-article" @default.
- W4313270902 hasAuthorship W4313270902A5047231986 @default.
- W4313270902 hasAuthorship W4313270902A5051565619 @default.
- W4313270902 hasAuthorship W4313270902A5087564984 @default.
- W4313270902 hasBestOaLocation W43132709021 @default.
- W4313270902 hasConcept C10138342 @default.
- W4313270902 hasConcept C121332964 @default.
- W4313270902 hasConcept C126285488 @default.
- W4313270902 hasConcept C144133560 @default.
- W4313270902 hasConcept C162324750 @default.
- W4313270902 hasConcept C175025494 @default.
- W4313270902 hasConcept C185824701 @default.
- W4313270902 hasConcept C198082294 @default.
- W4313270902 hasConcept C200941418 @default.
- W4313270902 hasConcept C2779467348 @default.
- W4313270902 hasConcept C33332235 @default.
- W4313270902 hasConcept C556758197 @default.
- W4313270902 hasConcept C73283319 @default.
- W4313270902 hasConceptScore W4313270902C10138342 @default.
- W4313270902 hasConceptScore W4313270902C121332964 @default.
- W4313270902 hasConceptScore W4313270902C126285488 @default.
- W4313270902 hasConceptScore W4313270902C144133560 @default.
- W4313270902 hasConceptScore W4313270902C162324750 @default.
- W4313270902 hasConceptScore W4313270902C175025494 @default.
- W4313270902 hasConceptScore W4313270902C185824701 @default.
- W4313270902 hasConceptScore W4313270902C198082294 @default.
- W4313270902 hasConceptScore W4313270902C200941418 @default.
- W4313270902 hasConceptScore W4313270902C2779467348 @default.
- W4313270902 hasConceptScore W4313270902C33332235 @default.
- W4313270902 hasConceptScore W4313270902C556758197 @default.
- W4313270902 hasConceptScore W4313270902C73283319 @default.
- W4313270902 hasIssue "6" @default.
- W4313270902 hasLocation W43132709021 @default.
- W4313270902 hasLocation W43132709022 @default.
- W4313270902 hasOpenAccess W4313270902 @default.
- W4313270902 hasPrimaryLocation W43132709021 @default.
- W4313270902 hasRelatedWork W1593944516 @default.
- W4313270902 hasRelatedWork W2072923401 @default.
- W4313270902 hasRelatedWork W2098879838 @default.
- W4313270902 hasRelatedWork W2173510049 @default.
- W4313270902 hasRelatedWork W2625243858 @default.
- W4313270902 hasRelatedWork W2944769454 @default.
- W4313270902 hasRelatedWork W2958336665 @default.
- W4313270902 hasRelatedWork W3039106077 @default.
- W4313270902 hasRelatedWork W4386003849 @default.
- W4313270902 hasRelatedWork W2135172627 @default.
- W4313270902 isParatext "false" @default.
- W4313270902 isRetracted "false" @default.
- W4313270902 workType "article" @default.