Sergey NarkevichPublished in:
Russian Journal of Entrepreneurship
– Volume 17, Number 3 (February, 2016)



Keywords: financial stability, goals of the central banks, monetary policy evolution


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Abstract:

The article describes the evolution of goals of the central banks. The main of these goals are stability of the national currency unit (price or exchange rate stability), financial system stability and economic growth. The set of goals is constant for quite a long period, but the priority level of any of them may change. At the present moment, the prioritized goals are stability of the national currency unit and financial stability.

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