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Monetary Policy To Cope With Covid-19 Pandemic

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  • Thanh, Nguyen Duc
  • Quyen, Luu Thi Truc
  • Tâm, Ngô Mỹ
  • Thao, Nguyen Thu
  • Thao, Nguyen Thi Phuong

Abstract

Monetary policy is a very important macroeconomic regulatory policy of the state in a market. Economic researchers have shown that: To have a wise monetary policy suitable for each period is always a difficult "problem" economy, contributing to the success or failure of economic development. With the characteristics of Vietnam's economy, the choice of which tools and how to use them at specific stages of the economy is always a problem that must regularly be monitored and resolved. Especially in the context of a prolonged and increasingly complicated Covid-19 epidemic, the prospect of economic recovery remains uncertain. Therefore, operating monetary policy of the State Bank of Vietnam is an urgent issue. This paper gives an overall and comprehensive view of the impact of COVID-19 on inflation, banking, and production, and at the same time gives an overview and overview of our country's monetary policy so far, then proposes solutions for monetary policy in Vietnam.

Suggested Citation

  • Thanh, Nguyen Duc & Quyen, Luu Thi Truc & Tâm, Ngô Mỹ & Thao, Nguyen Thu & Thao, Nguyen Thi Phuong, 2022. "Monetary Policy To Cope With Covid-19 Pandemic," OSF Preprints 2efd9, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:2efd9
    DOI: 10.31219/osf.io/2efd9
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