UTILIZING THE OPTIMAL LEVEL OF PUBLIC DEBT IN COORDINATING FISCAL AND MONETARY POLICIES IN UZBEKISTAN
Abstract
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.
Keywords:
public debt fiscal policy monetary policy optimal debt level economic modelReferences
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