Inflation Targeting in Practice: Strategic and Operational Issues and Application to Emerging Market Economies
| Author | : | |
| Rating | : | 4.17 (899 Votes) |
| Asin | : | 1557758891 |
| Format Type | : | paperback |
| Number of Pages | : | 94 Pages |
| Publish Date | : | 0000-00-00 |
| Language | : | English |
DESCRIPTION:
Interested customer said For anyone interested in better understanding the current malaise in our country's and the. For anyone interested in better understanding the current malaise in our country's and the world's economy, this can be an important book to read, even though it is a useless, poorly written, collection of rambling articles by the various unelected bureaucrats who have been handed control of the world's economy by politicians who want to avoid the blame for any problems with their economy, but also pray for good news, of which they can claim parentage.Each of the individual articles explains the "inflation targeting" program of a particular country--basically, the set of theories by which the bureaucrats running t
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? This book summarizes the discussions in a seminar at which economists and policymakers from ten countries reviewed their experiences with inflation targeting.. A growing number of countries are anchoring their monetary policy through explicit inflation targeting. This policy has already scored remarkable successes in se