The main aim of the study is to investigate the impact of inflation targeting (IT) strategy in Turkey during 2002-2022, which was adopted in a three-year period of 2002-2004, on macroeconomic performance (actual inflation, exchange and interest rates) and economic growth of Turkey (in terms of the real GDP). The econometric and empirical investigation of this research focusing on the impact of inflation targeting on the selected macroeconomic variables were carried out by the linear squares method (LSM) regression taking the data of the period after implementation of the monetary policy. At this, the independent variable of inflation targeting was estimated against each chosen macroeconomic variable separately in four different models to catch its linear impact on the changes of these variables over the period after implementation of the strategy. The empirical outcomes demonstrated that inflation targeting monetary policy is strong enough to impact the macroeconomic performance of Turkey in terms of reducing inflation rates, boosting economy by pushing real GDP to grow, stabilize exchange rates and lower the nominal interest rates on deposits.
This article analyzes the behavior of business entities in the investment process in the economic theory of Dj. M. Keynes. The article examines the role of predel efficiency, interest rates and uncertainty as key factors in investment decisions. It also explains how economic activity can increase as a result of initial investment through the Keynesian multiplier model. With the help of modern economic research and criticism, the Keynesian theory will be reviewed more broadly and its adaptation to new conditions will be analyzed.
This article analyzed the composition of deposits in the banking system and their impact on financial stability. It studied how deposits formed by individuals and legal entities cause problems for banks in terms of liquidity, risks, and costs. During the study, the distribution of deposits between state-owned and private banks and their impact on the economy were considered. Practical proposals for sustainable development of the banking sector and effective management of deposit resources were developed in the article.
This article examines the relationship of the household sector with economic events and processes, as well as its influence on the socio-economic development of the country. It reviews key theories, such as the life cycle theory (Modigliani) and the permanent income hypothesis (Friedman), that explain the saving and consumption behavior of households. It analyzes factors influencing the saving rate, including demographic changes, economic growth, income uncertainty, and interest rates. Particular attention is paid to the role of pension savings, inheritance, and public policy in shaping household financial decisions. The article also touches upon the functioning of the stock market and its interaction with households, as well as the impact of technological and social changes on the saving rate. It concludes by emphasizing the importance of taking into account the historical context and contemporary economic conditions in understanding the dynamics of saving and its role in economic development.
The article highlights the issues of establishing the optimal level of public debt in Uzbekistan, exploring the relationship and coordination between fiscal and monetary policies. Various economic models and indicators are considered, including the inflation rate, unemployment rate, GDP per capita and interest rates. The potential consequences of an excessive increase in public debt are identified, including the risk of default and economic instability.
This article examines the prospects of implementing “green mortgage” programs in Uzbekistan and their economic effectiveness. Drawing on international experience, the study explores the advantages of green mortgages, including preferential interest rates, energy-efficiency certification systems, and refinancing mechanisms for banks. The findings indicate that green mortgage programs can significantly reduce energy consumption, modernize the housing stock, lower household expenses, and improve environmental sustainability. The analysis concludes that successful implementation in Uzbekistan requires strengthening the institutional framework, expanding financial incentives, and enhancing cooperation with international financial institutions.
Ushbu maqolada tijorat banklarining depozit va kreditlari YIM ga nisbatan tendensiyasi va maqsadli ko‘rsatkichlar bo‘yicha amaldagi holati tahlil qilingan. Tijorat banklari balansidagi depozit va kredit ko‘rsatkichlari statistik va qiyosiy tahlil qilinib, ularning mutanosibligini ta’minlash orqali bank riskini minimallashtirish bo‘yicha ilmiy takliflar hamda amaliy tavsiyalar shakllantirilgan.