Achieving and Maintaining Price Stability in Nigeria:
This paper reviews the historical performance of monetary policy in Nigeria and discusses the relative merits of alternative monetary policy strategies that Nigeria could adopt in the future, once the many operational issues that today obstruct the conduct of monetary policy have been addressed. An...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2004
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 04/97 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This paper reviews the historical performance of monetary policy in Nigeria and discusses the relative merits of alternative monetary policy strategies that Nigeria could adopt in the future, once the many operational issues that today obstruct the conduct of monetary policy have been addressed. An analysis of external and fiscal dominance in Nigeria reveals that none of the candidate strategies is particularly appealing although, on various grounds, a long-run target for inflation combined with a free float seems to be the ultimate option. The paper shows how to design and operationalize such a regime in Nigeria when account is taken for the emerging market features of the economy |
| Beschreibung: | 1 Online-Ressource (39 p) |
| ISBN: | 1451852053 9781451852059 |
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| spelling | Batini, Nicoletta Verfasser aut Achieving and Maintaining Price Stability in Nigeria Batini, Nicoletta Washington, D.C International Monetary Fund 2004 1 Online-Ressource (39 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 04/97 This paper reviews the historical performance of monetary policy in Nigeria and discusses the relative merits of alternative monetary policy strategies that Nigeria could adopt in the future, once the many operational issues that today obstruct the conduct of monetary policy have been addressed. An analysis of external and fiscal dominance in Nigeria reveals that none of the candidate strategies is particularly appealing although, on various grounds, a long-run target for inflation combined with a free float seems to be the ultimate option. The paper shows how to design and operationalize such a regime in Nigeria when account is taken for the emerging market features of the economy Online-Ausg http://elibrary.imf.org/view/IMF001/00136-9781451852059/00136-9781451852059/00136-9781451852059.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Batini, Nicoletta Achieving and Maintaining Price Stability in Nigeria |
| title | Achieving and Maintaining Price Stability in Nigeria |
| title_auth | Achieving and Maintaining Price Stability in Nigeria |
| title_exact_search | Achieving and Maintaining Price Stability in Nigeria |
| title_exact_search_txtP | Achieving and Maintaining Price Stability in Nigeria |
| title_full | Achieving and Maintaining Price Stability in Nigeria Batini, Nicoletta |
| title_fullStr | Achieving and Maintaining Price Stability in Nigeria Batini, Nicoletta |
| title_full_unstemmed | Achieving and Maintaining Price Stability in Nigeria Batini, Nicoletta |
| title_short | Achieving and Maintaining Price Stability in Nigeria |
| title_sort | achieving and maintaining price stability in nigeria |
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