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Abstract The accelerated digital transformations of the last decade have prompted central banks to rethink their role in the modern economy, leading to the development of digital currencies (CBDCs). This paper analyz...

The aim of this paper is to test the impacts of oil price increases on monetary policy implementation in the largest oil importers. For that purpose, we estimate structural vector error correction (SVEC) models to sh...

Purpose — This study examines the nonlinear effect of Economic Policy Uncertainty (EPU) on China’s Renminbi (RMB) exchange rate. Methods — Based on the monetary model of exchange rate determination and the behavio...

Тaking into account the specific features of the Macedonian economy, as a small, open economy with a fixed exchange rate, the goal of this research is to contribute to the discussion of whether countries with ...

The article underscores the relevance of studies devoted to problems of debt policy in Ukraine from its optimization perspective. The need to reform the domestic debt policy on the basis of advanced methodological approa...

This article analyzes the key directions of the transformation of the economic policy of the Russian Federation in the period 2022–2025, due to the changing geopolitical situation and the need to move from a liberal mo...

The aim of the paper is to determine the interdependency of both balance of payments and fiscal deficit in the context of liberalized systems of capital flows with mainly stabile and appreciated exchange rate and their i...

The legal framework of the East African Monetary Union (EAMU) consists of both EAC legal instruments and Partner State legal instruments. The Community legal instruments designate the priority areas for harmonisation in ...

This study examined the dynamic relationship between central bank financial policies, capital market volatility, and macroeconomic performance in Nigeria from 1990 to 2023. Market capitalization is employed as a proxy fo...

The paper investigates the effect of budget announcements to the stock market of Nigeria using some the key macroeconomic indices such as budget size, fiscal deficit, exchange rate, and monetary policy rate (MPR) and inf...

Reversing the effects of agricultural resource degradation – and its implications for ecosystem services (ESS) – require targeted policy action. Comprehensive and consistent estimates of the magnitudes and monetary v...

The article examines whether monetary and macro-financial conditions are associated with investor demand at wartime primary auctions of Ukrainian domestic government bonds (OVDP). The empirical analysis uses auction-leve...

This study examines the role of trust as an institutional factor shaping economic security and argues that the institutionalization of trust creates essential preconditions for the predictability of economic processes, t...

During 2020–2024, developing countries faced global financial turbulence caused by a cascade of exogenous shocks (COVID-19 pandemic, geopolitical crises, inflationary pressure), leading to a significant deterioration i...

For each country, joining the union is a unique process, considering advantages and disadvantages which a country can thus obtain. In order to fulfill conditions for the EU accession, transition countries must achieve di...

The present article deals with the current state, interrelations and prospects for the development of key regional associations of global economy. It defines main factors of development of regional associations in the la...

The present article examines four interrelated elements of the economy: namely, markets, labour, production, and distribution. These elements thus function as principles and laws. This approach is predicated on the premi...

Previous studies appear to have concentrated on the effects of currency depreciation on trade balance and macroeconomic policy, while the relationship between money demand and trade balance is scantly documented in the l...

Abstract. The evaluation of forecast accuracy is one of the key instruments for assessing the reliability and practical value of analytical models applied by various institutions in the field of macroeconomic forecasting...

Abstract This paper investigates the short-term relationships between Brazilian macroeconomic aggregates and environmental budget through a system of simultaneous equations estimated by the generalized moments method (GM...

Purpose — This paper examines the relationship between South Africa’s rising public debt and real exchange rate (RER) volatility. Over the past two decades, the country has experienced an alarming increase in externa...

This study examined how economic activities affect the direction of money supply in Malaysia. The overnight policy rate is the interest rate set by Bank Negara Malaysia (BNM) as its monetary policy tool. Based on the Key...

This study examines the interrelationship between credit risk management, agricultural sector financing, and food security in Nigeria from 2000 to 2023, using quantile regression analysis. Findings reveal a paradox (or i...

The relevance of the research is explained by the contradiction between the availability of forest resources, the demand for timber materials, and the low economic efficiency of their use, conservation, and reproduction....