Monetary Stabilization Policy During the Financial Crisis

Abstract

In light of contemporary circumstances, the essay focuses on a study of the monetary policy of various countries throughout the world. When the economy is in a state of crisis, it is necessary to do a study of the monetary policies of other countries. Specifically, the article demonstrates how monetary policy may have an effect on the increase of gross domestic product as well as the economy of the country. The Republic of Azerbaijan's official monetary policy is broken down into its most essential principles and priority areas, which are outlined in this paragraph. In light of the findings presented in this article, suggestions were made on the formulation of the nation's monetary policy in the context of the unstable state of the global economy. One of the practical limitations of the study is that it does not have access to a more extensive dataset of relevant information. A number of methods, including induction, deduction, scientific abstraction, and logical generalization, were utilized in the research.