bokomslag Inflation Targeting in the World Economy
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Inflation Targeting in the World Economy

Edwin Truman

Pocket

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  • 288 sidor
  • 2003
This study reviews the literature on the contribution of low inflation to economic growth and the subsequent widespread adoption of inflation targeting as a monetary policy framework. Edwin Truman addresses the challenges and risks associated with such a framework. Building on these foundations, the study focuses on two major international economic policy issues: (1) the implications of differing national regimes of inflation targeting for international economic policy cooperation; and (2) the adoption of inflation targeting by emerging-market economies which often lack stable monetary policy environments and credible policy authorities-a situation which, among other things, can complicate the use of the inflation targeting framework as the basis for IMF-supported stabilization programs.
  • Författare: Edwin Truman
  • Format: Pocket/Paperback
  • ISBN: 9780881323450
  • Språk: Engelska
  • Antal sidor: 288
  • Utgivningsdatum: 2003-10-01
  • Förlag: Institute for International Economics,U.S.