ADJUSTMENTS IN THE MONEY SUPPLY AND THEIR INFLUENCE ON POST-PANDEMIC ECONOMIC GROWTH

. The COVID-19 pandemic caused an unprecedented global economic shock, prompting central banks to adopt expansionary monetary policies to stabilize economies and support recovery. This study reviews the theoretical and empirical literature on the relationship between money supply and economic growth, with a particular focus on the post-pandemic period. Drawing on Monetarist, Keynesian, and New Keynesian perspectives, the paper synthesizes evidence from normal economic conditions and major crisis episodes, including the Great Depression, the 2008 financial crisis, and the COVID-19 recession. The findings suggest that monetary expansion played a vital role in mitigating economic contraction and fostering short-term recovery. However, its effectiveness declined as inflationary pressures intensified due to supply-side constraints, labor market frictions, and policy coordination challenges. The study emphasizes the need for continued empirical research to guide balanced monetary strategies that sustain economic growth while maintaining price stability in the post-pandemic era.