home Finance Groshi that loan - Savluk M.I.

Groshi that loan - Savluk M.I.

7.6. GROSS-CREDIT POLITICS UKRAINI IN THE PERIODIAN PERIOD IN THE FIELD OF THE MONETARYIST THEORY

Groshovo-credit policy of Ukraine in the transition period has passed through a folding, zvivisti shlyah rozvitku, pro scho vzhe yshlosya in rozdіlі 4. At any time, the demand to characterize the nature of the company on the back of the stages is rooted in the mainstream of the concept of basic concepts of Keynesian and monetarist concepts.

On the first stage (1991-1994r.) Pідходи до вирішення завдань економічної політики in Україні мали it is important that the Keynesian uklina. On the basis of the active role in the privatization of the economic structures of the economy, the government has been involved in the flow, in short, the short-line, the tsil, and the scho were recognized as the main political wholesalers. Довгострокові, стратегигічні цілі (стабілізація цін, макроекономічна стабілізація, забезпечення економічного зростання, підвищення зайнятості тощо) were discussed on a different plan. Навіть перехід до ринкової економіки і проваддження ринкових методів годарювання, пролошені як политикічна ціль економічної політики, івсяіше не враховувалися при принянятті тактичних рішень. It was aimed at the supreme executive organs of the state administration in the government process, in the "manual" management of particular economic wards, the vice-president of the economy, the shvid shchevsche, creating a rinky mechanism of economical development and securing the yogic function on self-regulating ambushes. Such a python is zoom-

Vlyuvav natto povіnny perebіg rinkovih reforms in Ukraine, having seen the pogliblennu ekonomichnoi krizi.

In the course of the transition, the role of that mogulovsti power in the regular economy was re-established, it was possible to revise the fiscal and budgetary mechanism in all vir- tually social and economic wanderings, tactical and strategic, and the effectiveness and efficiency of direct involvement of the powerful bodies in the economic process was brought. Oskilki soi method of managing the economy in new conditions failed to cope, economically the life of the region was manifested by neke- virium and opined at the edges of the collapsible stanosch: margins of the balance-of-payments, state budget deficit, the scope of the loan was repaid by the giants of the farthings, the vibrodit shvidko was speeding.

The Keynesian pidhid was manifested in the way it was set up before inflation. Inflatsiona zanroza clearly underestimated. The emissary of the penny was widely vikoristovovalasya for fіnnsuvannya vsіh pochochnyh need, yakі not buly podbacheni state budget, that for pokrittya budget deficit.

In ruslі keynsіanskogo pіdhodu boule i konkretnі go into monetarnіy polіtitsі -. Zhorstka fіksatsіya exchange rate 1993-1994rr, perevazhne vikoristannya admіnіstrativno-obmezhuvalnih monetary іnstrumentіv (Visoka rate obov'yazkovogo rezervuvannya that chastі її zmіni, direct obmezhennya kreditnoї dіyalnostі komertsіynih bankіv - through the establishment of Credit steels, exchange of banking access to the centralized credit resources in the country).

З 1994 р. In the economical part of the activity of the estate, especially in the monetary sphere, and the self:

* In zagalnoyonomichniy politsitsi buv progolosheniy course on macroeconomy stabilizatsiyu, on prikorennya rinkovih reforms that formalkaniya rinkovogo mekhanizmu functinovanannya ekonomiki;

* At fiscally-budgetary politsitsi was recognized for unnecessary reorientation on the budget deficit and deflamation of the deficit finance of the economy, zmenshennia podatkovogo tisku і transferred to the sub'ektiv gospodarjannya on ambush self-financing;

* At the groshno-credit politsitsi boolo a course is taken on the subject of credit, credit liberalization of the foreign currency market, the formation of the market of monetary funds, the interim monetary mechanism of the National Bank of Ukraine for budgetary mechanisms, and the speed of financing budget deficit for rajunok senyorazh.

Усі ці зміни більше відповідали монетаристському підходу, ніж кейнсіанському. Prote podsalshy rozvitok poyi showing, scho dosit poslіdіnno дотримумуся progoloshenogo course lishe monetarne керівництво країни, передусім НБУ. At zagalnoekonomichnyi that fiskalno-budgetary politsitsy suttievich zmіn at bik posilennya zasad rinkovogo samoregulyuvannya not vidbulosya.

Tomu є підстави вважати, що на другой етапі перехідного переіоду, що розпочався з 1994., економічна політика в Україні was held on the dual ambushes - kerіvnitsytvo real economy that fiscally-budgetary spheres were built up more in the counsian censorships, and the monetary spheres - at the banks of the monetarist Підходів. Such a dualism negatively spilling on the back of the economy's transformations, at the macroeconomic stage of stabilization of the health of the world's finances, having ruined the sectors of the real economy that were penniless and credit. Ajer mehanizm of the self-regulating economy, yak neminucha peredumova monetaristskih іdei penny-credit reguljuvannya, not bouvstveny. Tse istotno znilo vozmozhnnist anti-inflationary polichiki, obmezhilo її positivnі nasilidki is more important monetary sphere.

Orієнтація грошово-кредитної політики в Україні на монетари-стські підходи економічного регулювання was shown in багаоох діях і рішенних Національного to the bank. Tse nasampered perehid to zhorstkoe groshno-kreditnoy polity taki orientatsiya її on regulyuvannya groshovoi masi in turni vidpodidno to dinamiki osogu GDP. Zvichayno, MOVA is not talking about the Dobrimannia NBU "penniless rule" M.Frіdmana, for the whole not just enough conversations, proto oriєntatsіya dinamiki proposozіії groshno on dinamiku GDP to finish chіtko vіdpііdії підходам сучасних монетаристів.

Yak adequacy monetaristskіy kontseptsії mozhna otsіniti poslіdovnu orієntatsіyu NBU been approved, svoєї samostіynostі in provedennі monetarnoї polіtiki, zberezhennya Nezalezhnosti od organіv vikonavchoї Vlady, i lіberalіzatsіyu credit currency rinkіv, zaprovadzhennya regime plavayuchogo exchange rate, market analysis rozvitok tsіnnih paperіv on posilennya rolі Sotho ekonomіchnih іnstrumentіv groshovo- Credit regulation is too small. Positive naslіdkami takoї polity NBU were:

* Postupov (in the course of 1994-1995 pp.) The znizhennia інфляції з гі-первосокого (10 260% in 1993) up to the large (139% in 1996г.) Рівня;

* Pomitna stabilizatsiya currency rate hryvnia;

* Forming the authority of the National Bank of Ukraine to the body of the monetary management of the means of the Ukrainian banks and those of the financial organizations;

* Approval of the self-standing status of the NBU in the midst of the bodies of state control over economy.

Щоб реалізува ці- досягнення в грошово-крединій spheresі и вивести економіку зі стану тривалої стагнації, потрівно прискорити формавання ринкового механізму functііунування економіки України. Tilki for tiie izvi can be brought, but the effectiveness of monetarist pidhodiv not be separated from the penny-credit sphere, but manifested in the sphere of real economy. A takozh bilsh efektivno vikorystyu predstavnykі predstavnikiv obochnyi strains in the so-called monetarist theory, and form on the ambushes of Keynesian-neoclassical synthesis.

WATCHES

1. Kilkisna teoriiya groshe - tse not yakas okrema concept, and zagalomethodologichesky pidhid in ekonomichniy teorii, zgіdno z yakimi groshi vplyayvat on ekonomiku deprived his kyilkistyu and that funktsionuvannya ekonomichnyh systems vivchaetsya vzajmozv'yazu zі zminoyu masi groschen v kotorii (kіlkіsimnym factor).

2. Залежно від того, як прибічники кількісної теорії explain mehanism to vslevu mashi groshe to the sphere of real economy, look at the link Ії напрямів:

* Класична кількісна теорія;

* Neoclassical kіlkіsnа teorіya;

* Keynesian straight;

* Daily monetarism;

* Keynesian-monetarist synthesis.

3. Класична кількісна теорія grosme зміну цін explain lishe зміною кількості groschen в обігу. In the course of a glut of a pinch of pennies on the price, it is directly, proportionally and spuriously, but it is still cheap for all commodities. Mekhanizm vplyvu kolichesti groshe na tsіni ta nalіdki zmіni tsіn u vibri vibrobnitsva tsja teorii not vivchaє.

4. The essence of the neoclassical kіlkіsіnії teorії groshey polyagaє in that, vіo vona, вивчаючи механізм впливу кількості groshen on Ціни, and цін - on виробництво, viznade, scho tsey vplyv not †"directly proportional, schо він not нoвний on різних часових інтервалах, що зажить він Від багатьох чинників, які повинні враховуватися при розробленні рекомендациицій for the practice of a penny-credit reguljuvannya.

5. Keynesian is strained at the expense of the theory of pennies, that specialty, but not in the principle of the value of a small chinnik vplyvu on tsini i realnu ekonomiku, zovsim on-enshomu traktuє mehanizm ts'go vplyu і yogo znachennya. JM Keynes vihodiv z oo, sho rinkovyj ekonomitsi vnutrishnogo vlastiva rozba-lansovannist ta nervivnernnost (cyclicality) of the creative process, a kind of low-level efficiency of monetary factors in economical regulation, especially in short hours, and vimagas bilsh of direct and indirect vtruchannya powers in ekonomichny Processes, zokrema through mehanizm of fiscally-budgetary polity. In most mehanizmi vlivu kilkisnogo factor on the economy Keynes on Perse misse putting not zminu tsin, and the dynamics of the interest rate of the consequences of her incursion of the investment process.

6. Forensic monetarism representatives presented the key to the idea of ​​the classical theory of the economy of the economy of economy before self-regulation and on the center of respect in the center of respect, they placed a letter and a monetary policy. At the "transfer mehanism", pennies poured into the economy, the stink turned to a direct call, and the cliches of money and values ​​and concretized concretely the mehanizm of one's zvozhku through zmіnu popita and pro-positsi on the grotesque structure of assets. Practical recommendations for presenting money to monetarism

* Spent jorstkoe monetary policy, the basis of the alleged sliid brothers formulate M.Freidman "penniless rule";

* The maximum interchange of direct, admixtrative vtruchaniya powers in the process of suslinnyi vidtvorennya, lіberalіzatsії rinku, tsіn, pіdpriєmnich'koi dіyal'nostі tochno.

7. Загальноекономічна та грошово-кредина політика, що was conducted in Ukraine in the transitional period, post-reform was transformed from the Keynesian suto to the monetarist one to the Keynesian-mono-monetarist synthesis. On the first stage (1991-1994 pp.), The moods of the misappropriation of the economy became the thinnest of the monetary policy, the priority of the direct state regulation of the economy, the renunciation of the value of the fiscally-budgetary policy. On another stage (1994-2000 pp.), The bout of proclamations is a course on the rapid development of the form of the rink mechanism, stimulation of the development of the penitentiary system, strengthening of the stimulating anchors of the financial mechanism, and the strengthening of the monetary policy in the system of economic regulation. Subordination reorientation is adequate to the ideas of the hourly monetarism. Prote Більш-менш послідовно і повно вона була реалізована лише у сферыі монетарної політики.

Self-control nutrition

1. What is the basic position of a monetarist theory of pennies, in which її іїмімінність від abstractії теорії грошей?

2. In the course of which is the nature of the fiction of the theory of thorns, that â € "internal єдність з номіналістичною теорією? Які straight in the kіlкісній теорії гроорії гро? В замм'ятали?

3. Yakі sotsіialno-ekonomichnyi podії in історії Європи have served as the basis for formulating ідеї кількісної теорії грошей?

4. In chomu polegayut basic prilatiti klassicheskogo kilkisnoї teorії groshey?

5. Do chomu polyagaet sutnist "rivnyannya obminu" and hto yogo formulating? What do you want to do with a viral virological kinocene theory of pennies?

6. Until then, you can apply for an American economist І. Fishera i chomu?

7. Що нового вніс у кількісну теорію український економіст M. Tugan-Baranovsky?

8. Is Yakiy noviy straight at the monetarist theory of the Zaporozhye M. Tugan-Baranovsky? Yak naming his theory of pennies?

9. Чим відрізнявся підхід "кембриджської школи" до аналізу кількісного фактор від класичної кількісної теорії І. Fishera?

10. In whom did the principles of the principles of the Keynesian entry go up to the settlement of the monetary mechanism of the economical regulation of the submission of classes in the classical school?

11. Yak mozhna formalizovati "transfer mehanizm" vpplyu groshe on real economy in the Keynesian tract, in the yo-yo novelty that nedoliki?

12. What is the Keynesian Doctrine of Mine Internal to the Conflict of Spontaneity?

13. Які події в соціально-економічному житі Європи спирали появі кейнсіанства і які - yogi indulgence?

14. In the course of the field, the adherence to the economical regulation of the representation of the monetarism in the day of entry into the censuses?

15. What is the "grotesque rule" of M.Fridman?

16. Shcho caused the appearance of the doctrine of "everyday monetarism"?

17. Do you want to manifest the position of the position of monetarists and keynsinsants and chi mozhnivyi їh synthesis of positsiy practice of economical regulation?

18. On what level of the transition period is the economy of the monetary policy in Ukraine more than in the canons of the Keynesian conception and in the canons of the monetarist concept? Have you seen the manifestation?