Ukraine's Monetary System Inefficient, Calls for Major Policy Overhaul
The article analyzes how money is used to regulate the economy in Ukraine from 2005 to 2021. It shows that the monetary system in Ukraine was not very effective during this time, mainly using interest rates, currency, and credit to control the economy. The study found that the amount of money in circulation had the biggest impact on the economy's growth. However, controlling inflation with money was not very successful. The researchers suggest that in the future, Ukraine should better coordinate how money is used with government spending to improve the economy.