The monetary policy experience during the war and post-war periods

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dc.contributor.authorTomilina, Mariiaen_US
dc.contributor.authorPrimierova, Olenaen_US
dc.date.accessioned2024-10-17T12:33:33Z
dc.date.available2024-10-17T12:33:33Z
dc.date.issued2023
dc.description.abstractDuring a crisis, the objectives of a monetary policy shift to address the unique challenges presented by a military economy. In such an economy, government expenditure rises, and the state's role in the economy becomes more prominent. Furthermore, economic decisions are dominated by security concerns, and the economic multiplier effect is limited due to the destruction caused by war. If we look at the Federal Reserve System of the U.S. when World War II outbroke, the challenges for dealing with a considerable surge in the federal deficit due to increased war expenditures occurred even though the Treasury was depended more on taxes than it was during World War I and even with the rise in tax revenue due to the significant growth in industrial production.en_US
dc.identifier.citationTomilina M. The monetary policy experience during the war and post-war periods / [Tomilina Mariia, Primierova Olena] // Financial Policy of Ukraine for the Maintenance of Macroeconomic Stability : the collective monograph / [Lukianenko I., Galytska E., Primierova O. et al. ; general editor Lukianenko I.] ; National University of Kyiv-Mohyla Academy. - Kyiv : Kyiv-Mohyla Academy Publishing House, 2023. - Chapter 2.2. - P. 53-59.en_US
dc.identifier.isbn978-966-518-849-0
dc.identifier.urihttps://ekmair.ukma.edu.ua/handle/123456789/31886
dc.language.isoenen_US
dc.publisherKyiv-Mohyla Academy Publishing Houseen_US
dc.relation.sourceFinancial Policy of Ukraine for the Maintenance of Macroeconomic Stability : the collective monographen_US
dc.statusfirst publisheden_US
dc.subjectmonetary policen_US
dc.subjectmonetary baseen_US
dc.subjectbank depositsen_US
dc.subjectbank crediten_US
dc.subjectcurrencyen_US
dc.subjectinflationen_US
dc.subjectmonograph sectionen_US
dc.titleThe monetary policy experience during the war and post-war periodsen_US
dc.typeBook chapteren_US
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Financial Policy of Ukraine for the Maintenance of Macroeconomic Stability
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