S. Mishchenko, Doctor of Sciences (Economics), Associate Professor University of Banking, Kyiv, Ukraine THE ECONOMIC ESSENCE OF THE PROCESS OF MONETIZATION AND ITS ROLE IN ENSURING ECONOMIC DEVELOPMENT AND STABILITY OF THE FINANCIAL SYSTEM

In the article it is researched the economic essence of the process of monetization of the economy, defined key indicators, principles of management, methods and tools of the impact of monetization on stimulation the economic growth, outlined the main tasks of the process of monetization, its object and subject, aspects and the basic preconditions of effective management of the process of monetization of the domestic economy. It is proved that the relationship between the level of monetization and inflation depends on the stage of monetary and economic cycles, the mechanisms of the increase in the level of monetization of the national economy were suggested.

Keywords: demand for money, supply of money, the monetization of the economy, principles of monetization, inflation, economic growth, financial stability.

DOI: http://dx.doi.org/10.17721/1728-2667.2015/175-10/7

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