Coordination of economic policies in the national strategy for inclusive development

Abstract

The basis for the inclusive development of the national economy is macroeconomic stabilization, which can be achieved through effective interaction of economic policies in the context of their fiscal and monetary components. The purpose of the article is to outline the theoretical aspects of coordination of fiscal and monetary policies to achieve macroeconomic stability and inclusive development of the national economy, and to determine the practical aspects of coordinating these policies in Ukraine in the context of a full-scale war. A number of methods were used in this research, including general scientific research methods, analysis of scientific papers, statistical and graphical interpretation of data and trends, systematization and generalization of theoretical statements in the form of illustrations and diagrams.

Results. The article outlines the main tools of fiscal and monetary policy in terms of their impact on the national economy. The impact of various options for combining these policies on the main macroeconomic indicators is characterized. The practical aspects of the interaction of fiscal and monetary policies for the formation of national strategies for inclusive development and growth are analyzed. The measures and instruments of economic policies and their impact on the national economy in the social context are studied. Conclusions. Given the growing risks of macroeconomic instability caused by geopolitical conflicts, crises and a full-scale war in Ukraine, macroeconomic stabilization of the national economy remains an important task, which is the basis for its inclusive development and growth. In the context of Ukraine's post-war economic recovery, the formation of a national strategy for recovery, development and economic growth based on the principles of inclusiveness is becoming particularly relevant.