The National Bank of Ukraine has refreshed its list of priority research areas, setting out the topics it wants to guide its near-term research agenda and support central bank policymaking. It also invited external experts and practitioners to contribute research, disseminate findings, and help strengthen analytical approaches within its research initiatives. The revised priorities span four pillars. Monetary policy and macroeconomic stability focuses on policy under high uncertainty and external shocks, including the monetary transmission mechanism, macroeconomic modelling and forecasting, inflation expectations and communication, fiscal-monetary interaction, and external shock transmission. Financial stability and lending development covers macroprudential calibration, systemic risk and financial cycles, lending drivers and risks, cyber risks, and environmental, social and governance considerations, with reference to long-term stability, lending development and European integration. Addressing long-term growth challenges includes competitiveness, innovation, productivity and human capital, demographics, energy security and climate concerns. Digitalisation, emerging technologies and artificial intelligence prioritises big data, machine learning and AI for analysis and forecasting, as well as the regulation and impact of digital money and markets.
National Bank of Ukraine 2025-04-23
National Bank of Ukraine updates its priority research areas for policy and analytical work
The National Bank of Ukraine has updated its priority research areas to guide its research agenda and support central bank policymaking, inviting external experts to contribute. The revised priorities focus on monetary policy under uncertainty, financial stability, long-term growth challenges, and digitalisation, including AI and digital money regulation.