Bob concept of is-lm model



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Is-lm model and determining the nature the budget-tax and monitary policy of the state



Is-lm model and determining the nature the budget-tax and monitary policy of the state
Plan:
Introduction
1.Bob
1.1 concept of is-LM model
1.2 budget-the essence and methods of tax policy
2. Bob
2.1 monetary policy of the state
2.2 monetary policy measures and prospects in Uzbekistan
Conclusion
Literature used


Introduction
Relevance of the topic. A new stage of economic reform, which began in 2017, aimed at liberalizing the economy and increasing the role of market mechanisms, set the priorities for the development of the banking system and monetary policy in the medium term.The general study of the conditions for achieving a common balance in the commodity and money market and the effect of macroeconomic policy measures on these two markets is carried out using the IS - LM model. The use of a completely new approach in the formation of the exchange rate, in turn, provides an opportunity to improve monetary policy in connection with the focus of the central bank on price stability in the domestic market.
At the same time, the timely implementation of reforms to liberalize the foreign exchange market is in many ways closely related to the effectiveness of measures to improve monetary policy, strengthen the activities of commercial banks and develop the banking system.
It follows that shortly after the publication of the decree of the president of the Republic of Uzbekistan “on the first-line measures to liberalize the foreign exchange market”, the decree of the president of the Republic of Uzbekistan “on measures for the further development of monetary policy”was adopted, and a complex of measures for the development of monetary policy in 2017-2021 and One of the next important steps in this regard was the adoption of the decree of the president of the Republic of Uzbekistan dated January 9, 2018 “on the radical improvement of the activities of the Central Bank of the Republic of Uzbekistan”. This decree defines the task of ensuring price stability as the main goal of the Central Bank and provides for appropriate measures to ensure the independence and institutional development of the central bank. It should be noted that in the new realities that are taking shape during the revision of approaches to the implementation of economic policy, the correct adoption and support of changes in the monetary sphere by the population and business entities is important.
The concept of development and implementation of monetary policy of the Central Bank of the Republic of Uzbekistan in the medium term was developed taking into account the leading role of the communications channel in the formation of public opinion and the implementation of the inflation-targeting regime in practice.
The purpose of this concept is to convey to the general public the conceptual framework for the transition to inflationary targeting, as well as the medium-term plans to create the necessary conditions for the successful implementation of this monetary policy regime in practice and explain in detail.
The results of the experiments of central banks of developed and developing countries and the research of international financial institutions indicate the undoubted priority of the goal of ensuring price stability in the implementation of monetary policy. At the same time, the procedure and sequence of implementation of monetary policy differ depending on the characteristics and structural structure of the economy in different countries.The task of ensuring price stability in the domestic market requires a clear strategy and detailed plan for the implementation of monetary policy, and effective instruments and mechanisms for achieving targeted indicators. Methods widely used by the central banks of developed and developing countries include inflationary targeting, monetar targeting, exchange rate targeting, and nominal yakorless regimes. With this in mind, the IS-LM-BP model for the economy of Uzbekistan and the budget-tax and monetary policy of the state are among the areas to focus on.The main purpose of this course work is to analyze and study the monetary policy and its future prospects in the world and in our country

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