Inflation Targeting in Practice: Strategic and Operational Issues and Application to Emerging Market Economies

Blejer, Mario I. [Editor]; Ize, Alain [Editor]; Leone, Alfredo M. [Editor]; Werlang, Sergio [Editor];

ISBN 10: 1557758891 / ISBN 13: 9781557758897

Published by Intl Monetary Fund, 2000

About this Item

94 like new paperback pages.

Seller Inventory # SKU1016345

Bibliographic Details

• Title: Inflation Targeting in Practice: Strategic and Operational Issues and Application to Emerging Market Economies
• Publisher: Intl Monetary Fund
• Publication Date: 2000
• Language: English
• ISBN 10: 1557758891
• ISBN 13: 9781557758897
• Binding: Paperback
• Condition: As New
• Seller catalogs:
  • ECONOMICS

About this title

Synopsis

A growing number of countries are anchoring their monetary policy through explicit inflation targeting. This policy has already scored remarkable successes in several countries, establishing central bank credibility, and reining in inflation where it had long been stubbornly high. But implementing inflation targets raises many difficult questions. What prerequisites must an economy and its institutions meet for the strategy to work? What choices should central banks make from the menu of possible variations on the basic approach? And what lessons of strategy and timing can central banks learn from the countries that have preceded them? This book summarizes the discussions in a seminar at which economists and policymakers from ten countries reviewed their experiences with inflation targeting. Their firsthand insights and self-assessments provide valuable guidance on this increasingly popular approach to monetary policymaking.