A Critical Review on Interest Rate as a Tool of Monetary Policy

Tazkia Islamic Finance and Business Review

diyah putriani¹  pras towo² 

[1] universitas gadjah mada;universitas islam indonesia;

关键词: interest rate, economic downturn, monetary policy, meta-analysis;   

DOI  :  10.30993/tifbr.v9i2.93

来源: DOAJ

【 摘 要 】

Objectives: This research is aimed to critically review the relationship between interest rate and economic downturn

Methods: Meta-analysis.

Results: The existing monetary policy will always create higher inflation rate overtime triggering economic crisis in the long run. This is not merely about how the monetary authority strictly manages the supply and demand for money in the economy.

Conclusion:This paper concludes that interest rate give negative contribution to the economic growth.

【 授权许可】

Unknown