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Vol.1 , No. 4, Publication Date: Nov. 10, 2014, Page: 56-59
| [1] | Tulkin Bobakulov, Professor of Tashkent Financial Institute, Tashkent, Republic of Uzbekistan. |
In this paper author analyzed some theoretical and practical aspects of monetary policy of post-Soviet countries. Identified issues associated with the improvement of monetary policy in these countries. On the basis of the analysis there were developed research proposals to resolve these issues. In particular, the author offers more efficient management of excess reserves by paying interest on excess reserves and usage of bank bonds as open market operations of the Central bank.
Keywords
Inflation, Deflation, Refinancing Rate, Reserves, Monetary Policy
Reference
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