ACTIVITIES OF CENTRAL BANKS IN THE POST-CRISIS PERIOD: THE PRACTICE OF FOREIGN COUNTRIES

Author:

Dudchenko Viktoria, Sumy State University (2 Rymskogo-Korsakova Str., Sumy, Ukraine).

Language: ukrainian

Annotation:

The research concerned the analysis of economic factors of the European countries’, namely Poland’s, the Czech Republic’s, Hungary’s and Germany’s, post-crisis development. The peculiarities of measures’ implementation within postcrisis period by the foreign countries’ central banks were studied and justified. The systematization of post-crisis measures concerning monetary policy was held. The directions of central European banks’ activity within the frameworks of providing financial stability were distinguished. The measures which had been used by the European countries under investigation were described in order to prevent crisis’ emergence within the financial system.

Key words:

central bank; global financial crisis; interest rate; monetary policy; inflation; price stability; financial stability

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