Teona Grigolashvili
Doctor of Business Administration, Associate Professor, Kutaisi University
Maiya Grigolashvili
Master of Economics and Financial Sciences, Karaganda Buketov University
The process of globalization has a major impact on monetary policy, which affects how central banks develop and carry out their strategies. In condition of globalization, economies are more interdependent, leading to increased financial and economic flows across borders. Central banks are frequently required to assess the influence of exchange rate variations on their domestic economy since they might affect export competitiveness, import pricing, and inflation.
In present there are list of ways how globalization influences monetary policy. In this article we are going to emphasize the relationship between monetary policy and economic variables.
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