The Impact of GDP on the Effectiveness of Monetary Policy in the Context of the Internal Money Supply (Iraq as a Model)

The Impact of GDP on the Effectiveness of Monetary Policy in the Context of the Internal Money Supply (Iraq as a Model)

Ass.Prof: Ali Jaber Abd El , Hussein 1* and Ms.  Ruqaya Aziz Ghanem 2

1,2 University of Al-Muthanna: College of Administration and Economics/ Department of Financial and Banking Sciences

ABSTRACT

This study aims to demonstrate the relationship between the impact of GDP on monetary policy reflected in various monetary policy variables, including the internal supply of money, and to limit the impact of money supply fluctuations as an internal variable and their implications for the ability of monetary policy to achieve the objectives of economic and monetary stability, ensure the stability of the financial system and stimulate economic growth.

The opinion of monetary theory specialists distinguishes between two intellectual trends in explaining the nature of the change in the supply of money, and this distinction has widened the debate and debate about the effectiveness of monetary policy in achieving its objectives when the offer of money is changing externally or internally by targeting cash totals.

Keywords: GDP, monetary policy, internal money supply
DOI: 10.52113/6/2022-12-3/105-119
Volume (12), Issue (3), 2022, Pages: 105-119

 

Categories: Uncategorized