Understanding Inflation in Emerging and Developing Economies:
Emerging market and developing economies (EMDEs) have experienced an extraordinary decline in inflation since the early 1970s. After peaking in 1974 at 17.3 percent, inflation in these economies declined to 3.5 percent in 2017. Despite a checkered history of managing inflation among many EMDEs, disi...
Gespeichert in:
1. Verfasser: | |
---|---|
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
The World Bank
2019
|
Schriftenreihe: | World Bank E-Library Archive
|
Online-Zugang: | Volltext |
Zusammenfassung: | Emerging market and developing economies (EMDEs) have experienced an extraordinary decline in inflation since the early 1970s. After peaking in 1974 at 17.3 percent, inflation in these economies declined to 3.5 percent in 2017. Despite a checkered history of managing inflation among many EMDEs, disinflation occurred across all regions. This paper presents a summary of a recent book, 'Inflation in Emerging and Developing Economies: Evolution, Drivers, and Policies', that analyzes this remarkable achievement. The findings suggest that many EMDEs enjoy the benefits of stability-oriented and resilient monetary policy frameworks, including central bank transparency and independence. Such policy frameworks need to be complemented by strong macroeconomic and institutional arrangements. Inflation expectations are more weakly anchored in EMDEs than in advanced economies. In EMDEs that do not operate inflation targeting frameworks, exchange rate movements tend to have larger and more persistent effects on inflation |
Beschreibung: | 1 Online-Ressource (33 Seiten) |
DOI: | 10.1596/1813-9450-8761 |
Internformat
MARC
LEADER | 00000nmm a2200000zc 4500 | ||
---|---|---|---|
001 | BV048274232 | ||
003 | DE-604 | ||
007 | cr|uuu---uuuuu | ||
008 | 220609s2019 |||| o||u| ||||||eng d | ||
024 | 7 | |a 10.1596/1813-9450-8761 |2 doi | |
035 | |a (ZDB-1-WBA)NLM011151544 | ||
035 | |a (OCoLC)1334041069 | ||
035 | |a (DE-599)GBVNLM011151544 | ||
040 | |a DE-604 |b ger |e rda | ||
041 | 0 | |a eng | |
049 | |a DE-12 |a DE-521 |a DE-573 |a DE-523 |a DE-Re13 |a DE-19 |a DE-355 |a DE-703 |a DE-91 |a DE-706 |a DE-29 |a DE-M347 |a DE-473 |a DE-824 |a DE-20 |a DE-739 |a DE-1043 |a DE-863 |a DE-862 | ||
100 | 1 | |a Ha, Jongrim |e Verfasser |4 aut | |
245 | 1 | 0 | |a Understanding Inflation in Emerging and Developing Economies |c Ha, Jongrim |
264 | 1 | |a Washington, D.C |b The World Bank |c 2019 | |
300 | |a 1 Online-Ressource (33 Seiten) | ||
336 | |b txt |2 rdacontent | ||
337 | |b c |2 rdamedia | ||
338 | |b cr |2 rdacarrier | ||
490 | 0 | |a World Bank E-Library Archive | |
520 | |a Emerging market and developing economies (EMDEs) have experienced an extraordinary decline in inflation since the early 1970s. After peaking in 1974 at 17.3 percent, inflation in these economies declined to 3.5 percent in 2017. Despite a checkered history of managing inflation among many EMDEs, disinflation occurred across all regions. This paper presents a summary of a recent book, 'Inflation in Emerging and Developing Economies: Evolution, Drivers, and Policies', that analyzes this remarkable achievement. The findings suggest that many EMDEs enjoy the benefits of stability-oriented and resilient monetary policy frameworks, including central bank transparency and independence. Such policy frameworks need to be complemented by strong macroeconomic and institutional arrangements. Inflation expectations are more weakly anchored in EMDEs than in advanced economies. In EMDEs that do not operate inflation targeting frameworks, exchange rate movements tend to have larger and more persistent effects on inflation | ||
700 | 1 | |a Ha, Jongrim |4 oth | |
700 | 1 | |a Kose, Ayhan |4 oth | |
700 | 1 | |a Ohnsorge, Franziska Lieselotte |4 oth | |
776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |a Ha, Jongrim |t Understanding Inflation in Emerging and Developing Economies |d Washington, D.C : The World Bank, 2019 |
856 | 4 | 0 | |u https://doi.org/10.1596/1813-9450-8761 |x Verlag |z kostenfrei |3 Volltext |
912 | |a ZDB-1-WBA | ||
943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-033654427 |
Datensatz im Suchindex
_version_ | 1812671823590981632 |
---|---|
adam_text | |
adam_txt | |
any_adam_object | |
any_adam_object_boolean | |
author | Ha, Jongrim |
author_facet | Ha, Jongrim |
author_role | aut |
author_sort | Ha, Jongrim |
author_variant | j h jh |
building | Verbundindex |
bvnumber | BV048274232 |
collection | ZDB-1-WBA |
ctrlnum | (ZDB-1-WBA)NLM011151544 (OCoLC)1334041069 (DE-599)GBVNLM011151544 |
discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
doi_str_mv | 10.1596/1813-9450-8761 |
format | Electronic eBook |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nmm a2200000zc 4500</leader><controlfield tag="001">BV048274232</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220609s2019 |||| o||u| ||||||eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1596/1813-9450-8761</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-WBA)NLM011151544</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1334041069</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)GBVNLM011151544</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-523</subfield><subfield code="a">DE-Re13</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-M347</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-1043</subfield><subfield code="a">DE-863</subfield><subfield code="a">DE-862</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Ha, Jongrim</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Understanding Inflation in Emerging and Developing Economies</subfield><subfield code="c">Ha, Jongrim</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, D.C</subfield><subfield code="b">The World Bank</subfield><subfield code="c">2019</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (33 Seiten)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">World Bank E-Library Archive</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Emerging market and developing economies (EMDEs) have experienced an extraordinary decline in inflation since the early 1970s. After peaking in 1974 at 17.3 percent, inflation in these economies declined to 3.5 percent in 2017. Despite a checkered history of managing inflation among many EMDEs, disinflation occurred across all regions. This paper presents a summary of a recent book, 'Inflation in Emerging and Developing Economies: Evolution, Drivers, and Policies', that analyzes this remarkable achievement. The findings suggest that many EMDEs enjoy the benefits of stability-oriented and resilient monetary policy frameworks, including central bank transparency and independence. Such policy frameworks need to be complemented by strong macroeconomic and institutional arrangements. Inflation expectations are more weakly anchored in EMDEs than in advanced economies. In EMDEs that do not operate inflation targeting frameworks, exchange rate movements tend to have larger and more persistent effects on inflation</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Ha, Jongrim</subfield><subfield code="4">oth</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Kose, Ayhan</subfield><subfield code="4">oth</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Ohnsorge, Franziska Lieselotte</subfield><subfield code="4">oth</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druck-Ausgabe</subfield><subfield code="a">Ha, Jongrim</subfield><subfield code="t">Understanding Inflation in Emerging and Developing Economies</subfield><subfield code="d">Washington, D.C : The World Bank, 2019</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1596/1813-9450-8761</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-WBA</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033654427</subfield></datafield></record></collection> |
id | DE-604.BV048274232 |
illustrated | Not Illustrated |
index_date | 2024-07-03T20:00:11Z |
indexdate | 2024-10-12T04:02:42Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033654427 |
oclc_num | 1334041069 |
open_access_boolean | 1 |
owner | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
owner_facet | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
physical | 1 Online-Ressource (33 Seiten) |
psigel | ZDB-1-WBA |
publishDate | 2019 |
publishDateSearch | 2019 |
publishDateSort | 2019 |
publisher | The World Bank |
record_format | marc |
series2 | World Bank E-Library Archive |
spellingShingle | Ha, Jongrim Understanding Inflation in Emerging and Developing Economies |
title | Understanding Inflation in Emerging and Developing Economies |
title_auth | Understanding Inflation in Emerging and Developing Economies |
title_exact_search | Understanding Inflation in Emerging and Developing Economies |
title_exact_search_txtP | Understanding Inflation in Emerging and Developing Economies |
title_full | Understanding Inflation in Emerging and Developing Economies Ha, Jongrim |
title_fullStr | Understanding Inflation in Emerging and Developing Economies Ha, Jongrim |
title_full_unstemmed | Understanding Inflation in Emerging and Developing Economies Ha, Jongrim |
title_short | Understanding Inflation in Emerging and Developing Economies |
title_sort | understanding inflation in emerging and developing economies |
url | https://doi.org/10.1596/1813-9450-8761 |
work_keys_str_mv | AT hajongrim understandinginflationinemerginganddevelopingeconomies AT koseayhan understandinginflationinemerginganddevelopingeconomies AT ohnsorgefranziskalieselotte understandinginflationinemerginganddevelopingeconomies |