الفهرس 
الاطار النظري لملسياسة النقدية ومعوقاتها في الدول الناميةيوجد فقط 14 صفحة متاحة للعرض العام
 |  | from | 270 |  |  |
| | | from | 270 | | |
المستخلص
Monetary policy in Iraq has seen after 2003, many of radical changes that included legislation, technical and regulatory actions, such as Iraqi central bank law no 56 of 2004, which give the full independence of the central bank in managing monetary policy, Through isolated from political pressure from the executive authority, and give him a free hand in setting monetary policy and its implementation. the Central Bank of Iraq CBI after his independence has introduced a new Monetary Policy Instruments that affect market liquidity (base money), like: Foreign exchange auctions, The Policy Rate and Standing facilities, CBI was successful in reducing inflation and then Increase the purchasing power of the Iraqi dinar , keeping inflation under control, maintaining a broadly stable and then Reduce total costs in the real economy and the development of growth and the growing overall returns in productive activities and liberal exchange rate regime. CBI allow also to increase number of commercial banks in Iraq and permit to commercial banks to determine loans interest rate. This gives a good indication of the success of the Iraqi monetary policy, and the effectiveness of the tools and procedures of the monetary authority. But effectiveness of monetary policy in Iraq facing some challenges like: This structural economic imbalances, deteriorating security situation, and the spread of the phenomenon of financial and administrative corruption, and lack of proper coordination between monetary policy and fiscal policy, especially in reducing the rates of stagflation. It could be argued that to increase the effectiveness of monetary policy should be that monetary policy is working to control the money supply through the achievement of fit between the money supply growth rate and the rate of GDP growth to reach a balance between the monetary sector and the real sector. And work on the provision of developed financial and monetary markets in order to implement and absorb its indirect procedures to control over the economic variables movement, and the necessity of the participation of the Central Bank in the formulation of economic plans and preparation, financing and implementation, and work to achieve coordination and integration between financial, monetary and trade policies, and the extent to which legal and institutional environment is suitable and provide the tools and flexibility in a timely manner, and the treatment of the structural imbalances in national economy, and level of Fiscal discipline of the government.