Template-Type: ReDIF-Paper 1.0
Author-Name:Kiyutsevskaya Anna
Author-Name-First: Anna 
Author-Name-Last:Kiyutsevskaya 
Author-Workplace-Name: Gaidar Institute for Economic Policy 
Title: Monetary Policy: The Specific Features of Its Implementation in the Current Phase of Economic Development
Abstract: The article examines the specific features that characterize central banks' monetary policies under current conditions in the context of evolution of their goals and objectives during different phases of economic development. The author substantiates the statement that the choice of goals and objectives is determined by objective factors, and on this basis comes to the conclusion that the global financial and economic crisis, which revealed the challenges to and constraints on the choice of monetary policy directions, became the next starting point in its evolution.
Classification-JEL: E52, E66, F33
Keywords:  Russian economy, monetary policy regime, monetary authorities, features of macroeconomic development, targeting, developed and developing countries
Creation-Date: 2017
Revision-Date:2017
Length: 20 pages
File-URL: https://www.iep.ru/files/RePEc/gai/wpaper/wpaper-2017-298.pdf
File-Format: application/pdf
File-Function: Revised version, 2023
Handle: RePEc:gai:wpaper:wpaper-2017-298