მაკროეკონომიკურ წონასწორობაზე ზემოქმედების მონეტარული მექანიზმები

In the process of achieving stable economic growth and macroeconomic equilibrium, it
is of great importance for countries to pursue the right monetary policy. The main goal of the
monetary policy is to achieve price stability and thus ensure long-term economic growth and
development. The analysis presented in this paper is based on the current monetary
developments and past experiences. The monetary policy operates through specific transmission
channels and has an impact on interest rates, exchange rates, bank loans, stock and real estate
prices.
The aim of this paper is to analyze the nature of monetary mechanisms and impact of
those mechanisms on macroeconomic stability in the world and in particular on Georgia.
The master’s thesis discusses the transmission mechanisms of the monetary policy, its
theoretical aspects and relevant international experience. The paper analyses the role of the
National Bank of Georgia in achieving macroeconomic stability, as well as monetary
mechanisms at its disposal. The focus is on Georgia's key macroeconomic indicators, which
reflect current trends in Georgia's economic growth. The special attention is paid to the analysis
of the inflation targeting regime and the monetary policy rate as the main instruments of
financial stability.