3 The Role of Monetary Policy in Ukraine’s Medium-Term Adjustment Strategy
Author:
Mr. Jonathan C Dunn
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Language:
English
Print Publication Date:
19 Feb 1997
Keywords:
BOOK; institution building; reform; IV trade policies; sectoral reform; government; public governance; medium-term macroeconomic framework; Wages; Pension spending; Legal support in revenue administration; Commercial banks; Baltics; Eastern Europe; Europe; Western Europe; Central and Eastern Europe

Abstract

In November 1994, Ukraine embarked on a bold and comprehensive economic reform program aimed at slowing inflation, introducing market mechanisms, and realizing the country’s vast economic potential. Among the major objectives of the strategy were to rebuild confidence in the domestic currency, encourage economic agents to shift their money balances back to domestic currency, and provide incentives for the repatriation of flight capital.

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Cover Ukraine
Ukraine
Accelerating the Transition to Market
ISBN:
9781557756190
Publication Date:
19 Feb 1997
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781557756190.071
Pages:
307