The Impact Of GDP On The Effectiveness Of Monetary Policy In The Context Of The Internal Money Supply (Iraq as a Model)

Abstract

This study aims to demonstrate the relationship between the impact of GDP on monetary policy reflected in various monetary policy variables, including the internal supply of money, and to limit the impact of money supply fluctuations as an internal variable and their implications for the ability of monetary policy to achieve the objectives of economic and monetary stability, ensure the stability of the financial system and stimulate economic growth. The opinion of monetary theory specialists distinguishes between two intellectual trends in explaining the nature of the change in the supply of money, and this distinction has widened the debate and debate about the effectiveness of monetary policy in achieving its objectives when the offer of money is changing externally or internally by targeting cash totals.