Abstract
The article considers methodological aspects of assessing the effectiveness of monetary policy and proposes a comprehensive approach to its research. Inflation targeting, as the central bank's obligation to adhere to quantitative indicators of inflation, has become a common monetary regime over the past 30 years in developed and developing economies. However, the impact of the pandemic and the war in Ukraine caused significant problems related to the low efficiency of this regime. Structural problems, the absolute openness of Ukraine's economy, significant inflation potential due to the dominance of non-monetary factors of inflation call into question the choice of the main goal of monetary policy – inflation targeting. The resulting consequences of such a policy are ambiguous. Therefore, after our victory, it is necessary to move away from the dogma of inflation targeting as soon as possible to a more flexible monetary policy with a wider set of target guidelines that will ensure economic growth for our country.
Publisher
Publishing House Helvetica (Publications)
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