The Role of Monetary Policy in the Provision of Economic Safety in Russia
Abstract
In the context of globalization, structure and significance of economic threats are changing. As a result, the role of monetary policy in the national economy requires additional rethinking, in order to ensure national interests and sustainable state development. The article evaluates the role of monetary policy in ensuring economic safety of Russia at present stage.
The author makes a conclusion that monetary policy should be aimed not at the fi nancial but at the production stabilization, directly focused on the modernization and restructuring.
Keywords:
monetary policy, refinancing rate, economic safety, financial safety
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Articles of the St Petersburg University Journal of Economic Studies are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.