IDEAS home Printed from https://ideas.repec.org/a/mgs/ijoied/v3y2017i5p65-69.html
   My bibliography  Save this article

Impact of Economic Regulation through Monetary Policy: Impact Analysis of Monetary Policy Tools on Economic Stability in Uzbekistan

Author

Listed:
  • Umidjon Duskobilov

    (Department of Banking, Tashkent State University of Economics, Uzbekistan)

Abstract

Monetary policy is an integral part of economic development strategy in any economy due to its significant impact on economic sustainability. It has been an effective tool for regulating the economy through several tools. Nowadays the use of monetary policy tools to manage economic growth processes is a common practice in all market economies by balancing money supply and demand in domestic markets, increasing the benefits from foreign trade by exchange rate and overall financial flows by monitoring inflation rate trends. However, most effective tools are refinancing rate, mandatory reserve requirements and sterilization operations, which have direct linkages to financial flows, money supply, inflation, and exchange rate. In this paper, the author examined the impact of monetary policy tools on economic regulation in Uzbekistan by analyzing the relationship between monetary policy tools and economic growth. Empiric analysis revealed that monetary policy tools influenced positively on economic growth with a long-term relationship.

Suggested Citation

  • Umidjon Duskobilov, 2017. "Impact of Economic Regulation through Monetary Policy: Impact Analysis of Monetary Policy Tools on Economic Stability in Uzbekistan," International Journal of Innovation and Economic Development, Inovatus Services Ltd., vol. 3(5), pages 65-69, December.
    • Handle: RePEc:mgs:ijoied:v:3:y:2017:i:5:p:65-69
    DOI: 10.18775/ijied.1849-7551-7020.2015.35.2005
    as

    Download full text from publisher

    File URL: https://researchleap.com/wp-content/uploads/2017/12/05.-Impact-of-Economic-Regulation-through-Monetary.edited.pdf
    Download Restriction: no
    File URL: https://researchleap.com/impact-economic-regulation-monetary-policy-impact-analysis-monetary-policy-tools-economic-stability-uzbekistan/
    Download Restriction: no
    File URL: https://libkey.io/10.18775/ijied.1849-7551-7020.2015.35.2005?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Monetary policy; Economic regulation; Uzbekistan;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mgs:ijoied:v:3:y:2017:i:5:p:65-69. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bojan Obrenovic (email available below). General contact details of provider: https://researchleap.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.