Lords of the Inflation. The Role of Central Banks and Governments in Securing...
On May 18-19, the annual international research conference “The role of the central bank in ensuring economic development” was held in Kyiv. Andrzej Rachko, Adviser to the President of the National...
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The Cost of PrivatBank: What We Know About the State of Affairs of the...
The activities of any bank, even of such a giant as PrivatBank, boil down to a single function – redistribution of funds from those who have them in excess (depositors) to those who need them...
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Demographic Transition and Monetary Policy in a Small Open Economy
Ageing will significantly affect economic growth, sustainability of the pension system, size and composition of fiscal expenditures etc. The authors focus on the effect of ageing on monetary policy,...
View ArticleKSE Voice. Public debt: is it something to worry about?
One of the important aspects of coordination between fiscal and monetary policies, which was the topic of this year NBU conference, is public debt. During the Great Depression the majority of developed...
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Industries on the Way Out of Quarantine
Using the McKinsey methodology, we have categorizeв the industries in Ukraine by quarantine losses, as well as their criticality and risks of resuming their work. In industries where 75% of employees...
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What does 30 UAH/USD exchange rate mean for inflation and output expectations?
Academics and central bankers agree that management of expectations is a key tool for macroeconomic stabilization. While giving a speech at the 2005 Jackson Hole conference, Michael Woodford famously...
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Low Rates, Cash and Guarantees
Pandemic and containment measures have had a serious negative impact not only on population health but also on its well-being. Countries all over the world experienced a slump in GDP, a surge in...
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Not Only Architecture, but also Budget Filling. 5 Questions About GIS for...
In April, the Verkhovna Rada passed the Law on National Geospatial Data Infrastructure, which sets out the basic principles for organizing such systems in communities. The law received 2 points from...
View Article“Invisible” Construction
Abolishing the State Architectural and Construction Inspectorate was a relief for businesses. However the new Register of Construction Activities that replaced the SACI register does not contain the...
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Effectiveness of Quantitative Easing for Various Groups of Countries
Historically, press coverage of asset purchase programs, including quantitative easing, has largely been relegated to the developed world specifically focusing on a few central banks, namely the U.S....
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