scholarly journals Role of Monetary Policy in Economic Development of Pakistan

2014 ◽  
Vol 10 (2) ◽  
pp. 1866-1872
Author(s):  
Mohammad Salih Memon ◽  
Dr. Asad RazaAbdi ◽  
Mr. Sarmad Rahat
Keyword(s):  
Monetary Policy ◽  
Economic Development ◽  
Linear Regression ◽  
Price Index ◽  
Consumer Price Index ◽  
Tight Control ◽  
Development Data ◽  
Ministry Of Finance ◽  
Monetary Assets

The aim of conducting this study was to look at the position of monetary assets in the perspective of economic development, data was collected from the ministry of finance government of Pakistan, and State Bank of Pakistan from (2000-01 to 2009-10) and linear regression was applied through SPSS 16 and concluded the position of imports and exports, that increase in exports will be the reason for increase in monetary assets of the country and same as increase in imports will also be the reason of increase in monetary assets in the shape of taxation, consumer price index is affecting negatively on the monetary assets in the way that when CPI is increasing the monetary assets available in the economy is decreasing always, finally if governments are trying to enhance the monetary assets in the economy they must relax the trade policy and tight control on inflation

scholarly journals Role of Taxation in Formulation of Monetary Policy (Case study of Pakistan)

2014 ◽  
Vol 10 (2) ◽  
pp. 1844-1849
Author(s):  
Mohammad Salih Memon ◽  
Dr. Subhan KhatoonGaad ◽  
Sarmad Rahat
Keyword(s):  
Monetary Policy ◽  
Linear Regression ◽  
Economic System ◽  
Growth And Development ◽  
Secondary Sources ◽  
Ministry Of Finance ◽  
The Relationship ◽  
Monetary Assets

Actually this is the problem of most of the countries to move or strengthen their economy by maintaining all necessary requirements in this light we worked out for the identification of the variables/reasons which can create the ways for more money available in the economy for utilizing it for growth and development, for that reason data was collected from the secondary sources like ministry of finance, state bank of Pakistan and applied linear regression to check the relationship, and concluded that model of the equation if perfect which clearly identifies that tax collections are highly and positively correlated with the monetary assets available in the country means when tax collection base is exactly planned or implemented no doubt collection will improve and this improvement will lead to more money available in the economy for the all reasons which leads the economic system towards growth and development.

scholarly journals The impact of monopolism on the stability of economic development in the conditions of globalization

2020 ◽  
Vol 74 ◽  
pp. 06013
Author(s):  
Tatiana Kotcofana ◽  
Armen Altunyan ◽  
Viktoria Bazzhina
Keyword(s):  
Economic Development ◽  
Global Economy ◽  
Price Index ◽  
Negative Impact ◽  
Consumer Price Index ◽  
Reproductive Process ◽  
Producer Price ◽  
The Stability ◽  
The Impact

The article discusses the impact of the level of monopolization of markets on the sustainability of economic development and, above all, on the development of inflationary processes in terms of the reproduction approach in the global economy. The purpose of the article is to show the key role of monopolism in the genesis of inflation and its negative impact on the sustainability of economic development. The article uses a reproductive approach to the analysis of economic phenomena and processes. Using dialectical materialistic and concrete historical methods, it is shown how monopolism contributes to the development of inflation at all stages of the reproductive process. So, in Russia throughout the entire period of reforms, with the exception of individual years, the producer price index of industrial products grew faster than the consumer price index, and prices in more monopolized industries grew much faster than in less monopolized ones, which confirms the important the role of monopolies in the unwinding of the inflationary process.

TREND INFLATION AND MONETARY POLICY IN EASTERN EUROPE

2017 ◽  
Vol 23 (4) ◽  
pp. 1649-1663
Author(s):  
Monika Junicke
Keyword(s):  
Monetary Policy ◽  
Transition Economies ◽  
Inflation Targeting ◽  
Price Index ◽  
Consumer Price Index ◽  
Producer Price ◽  
Trend Inflation ◽  
Theoretical Predictions ◽  
Dynamic Stochastic ◽  
Eastern European Countries

I use a two-country dynamic stochastic general equilibrium (DSGE) model with a nonzero steady-state inflation to study monetary policy in transition economies. In particular, my analysis focuses on whether inflation targeting is based on a consumer price index (CPI) or its producer counterpart, producer price index (PPI). This issue is specifically relevant for transition economies as they might be subject to Balassa–Samuelson effects arising from trading in international markets. Under these circumstances, domestic inflation is possibly higher than imported inflation, hence targeting PPI inflation may prove more effective in influencing domestic macroeconomic variables than targeting CPI inflation. Using a Bayesian methodology, I find that the central banks of three Eastern European countries (namely, the Czech Republic, Hungary, and Poland) are likely to target PPI inflation rather than CPI inflation. This result is in line with the theoretical predictions in the literature, and is robust across several Taylor-type rules.

The Role of Monetary Policy in Economic Development.

Economica ◽  
1963 ◽  
Vol 30 (119) ◽  
pp. 335
Author(s):  
H. N. Roy
Keyword(s):  
Monetary Policy ◽  
Economic Development

The Consumer Price Index as a Target of Monetary Policy

Challenge ◽  
1996 ◽  
Vol 39 (5) ◽  
pp. 18-25
Author(s):  
Dimitri B. Papadimitrion ◽  
L. Randall Wray
Keyword(s):  
Monetary Policy ◽  
Price Index ◽  
Consumer Price Index

scholarly journals UNEMPLOYMENT AND MONETARY POLICY DYNAMICS IN PAKISTAN: EVIDENCE FROM COINTEGRATION ANALYSIS

2021 ◽  
Vol 9 (1) ◽  
pp. 01-09
Author(s):  
Hina Ali ◽  
Muhammad Zeeshan Ali ◽  
Farhana Nosheen ◽  
Afifa Sadar Ud Din
Keyword(s):  
Monetary Policy ◽  
Price Index ◽  
Time Series Data ◽  
Consumer Price Index ◽  
Development Rate ◽  
Cointegration Analysis ◽  
Series Data ◽  
Policy Dynamics ◽  
Independent Variable ◽  
The Impact

This study examined the impact of monetary policy on unemployment in Pakistan. The time-series data for 1977 to 2019 was taken and the ARDL technique is used for estimation. Unemployment was used as a dependent variable along with other control variables while the money supply was the core independent variable of the research. It was concluded that money related arrangement not just contributes to observing past patterns and additionally future projections of superficial factors of real factors also. The outcomes show that there is a critical and negative connection between spending Deficit and unemployment. The gross domestic product development rate is decidedly identified with unemployment. Populace development rate is adversely identified with unemployment. The consumer price index is contrarily identified with unemployment.

scholarly journals Empirical Study of Relationship between Money Supply and Inflation Based on Data from New Standardised Reporting Format

2017 ◽  
Vol 10 (1) ◽  
pp. 213 ◽  
Author(s):  
Satrugan Sinah
Keyword(s):  
Monetary Policy ◽  
Money Supply ◽  
Price Index ◽  
Consumer Price Index ◽  
Effective Management ◽  
Empirical Estimation ◽  
Policy Makers ◽  
Monetary Aggregates ◽  
Bank Managers ◽  
Trade Partner

This study is based on data obtained from the new standardised reporting format introduced by International Monetary Fund. The empirical estimation of relationship between money supply and inflation leads to development of a model, which can be used by policy makers while formulating monetary policy. This model is based on new standardised reporting format, which has a broader approach in terms of capturing monetary aggregates in a country. Thus, as opposed to findings of many earlier studies, which used non-standardised data, this paper shows that an increase in money supply leads to an increase in consumer price index. ly. Finally, the study found that the RGDP of trade partner and bilateral real exchange rate are not statistically significant. empirical evidence linking bank customers’ participation in financial ads to their attitude. Managerially, this study informs bank managers regarding effective management of financial advert contents in order to influence bank customer’s attitude towards financial adverts.

How National Budget can Provide Economic Growth

2015 ◽  
pp. 142-151 ◽  
Author(s):  
A. Aganbegyan
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
National Budget ◽  
Socio Economic Development ◽  
Ministry Of Finance ◽  
The Government

The article considers the role of national budget in Russian socio-economic development. The author analyzes the Russian budget of the last decade and comes to the conclusion that it is not efficient because there is no long term planning, the allocation of responsibilities between the Ministry of Economic Development and the Ministry of Finance is not optimal, and because the government is trying to stimulate economic growth without resorting to deficit budget.

scholarly journals A Weighted Markov Chain Application to Predict Consumer Price Index When Facing Pandemic Covid-19

2021 ◽  
Vol 1 (1) ◽  
pp. 41-46
Author(s):  
Indah Purnama Sari Siregar ◽  
Rina Widyasari ◽  
Nurul Huda Prasetya
Keyword(s):  
Infectious Disease ◽  
Economic Growth ◽  
Economic Development ◽  
Markov Chain ◽  
Severe Acute Respiratory Syndrome ◽  
Price Index ◽  
Consumer Price Index ◽  
Purchasing Power ◽  
Markov Chain Method ◽  
The Future

Covid-19 is an infectious disease caused by acute respiratory syndrome coronavirus 2 (severe acute respiratory syndrome coronavirus 2 or SARS-CoV-2). It makes the decrease of people's purchasing power. Meanwhile, the economic growth indicates the success of a country's economic development. Therefore, the Consumer Price Index occurs Inflation and Deflation, which is commonly referred to in the economy as the Consumer Price Index. This study aimed to apply a weighted Markov chain method to predict the consumer price index in the future. The satisfactory results obtained by researchers in predicting the consumer price index are in, the chance is 84.34% and the 12th month has a 78.54% chance.

scholarly journals THE ROLE OF MONETARY POLICY OF THE NATIONAL BANK OF RK IN THE ECONOMIC DEVELOPMENT OF THE STATE

REPORTS ◽  
2018 ◽  
Vol 6 (322) ◽  
pp. 68-71
Author(s):  
Almagul Tulegenovna Jumabekova ◽  
◽  
Gulzhan Baltabaeva Alina ◽  
Keyword(s):  
Monetary Policy ◽  
Economic Development ◽  
The State ◽  
National Bank
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