The Duality of Modern Monetary Policy in Developed Countries
https://doi.org/10.26794/1999-849X-2025-18-1-41-52
Abstract
The object of the study is the monetary policies of developed countries (USA, EU, Great Britain and Japan).
The subject of the study is the toolkit of monetary policies implemented by developed countries, which are changing their direction from restrictive to expansionary vectors, since the effectiveness of unconventional monetary policy measures in modern conditions is highly questionable.
The objectives of the work are to identify the reasons for the change in the directions of monetary policies of developed countries in 2024 and to analyze their impact on national financial markets, economic growth and economic activity in general. The inflationary impact of monetary economic support measures adopted in difficult times has been confirmed, which continue to have an impact on developed countries to this day. The intensification of alternative investments in difficult geopolitical conditions was noted. Based on the results of the analysis, conclusions are drawn about the need to change the direction of monetary policy in developed countries and transition to political duality.
About the Author
O. V. Khmyz
Financial University
Russian Federation
Russian Federation
Olga V. Hmyz - Cand. Sci. (Econ.), Assoc. Prof., Assoc. Prof. of Department of International Business
Moscow
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Review
For citations:
Khmyz O.V. The Duality of Modern Monetary Policy in Developed Countries. Economics, taxes & law. 2025;18(1):41-52. (In Russ.) https://doi.org/10.26794/1999-849X-2025-18-1-41-52
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