Inflation targeting as a framework for monetary policy:

Inflation distorts prices, erodes savings, discourages investment, stimulates capital flight, inhibits growth, and makes economic planning a nightmare. During the past decade, several advanced economies have taken a new approach to the age-old problem of controlling inflation through monetary policy...

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Bibliographic Details
Main Author: Debelle, Guy (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1998
Series:Economic Issues No. 15
Subjects:
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Summary:Inflation distorts prices, erodes savings, discourages investment, stimulates capital flight, inhibits growth, and makes economic planning a nightmare. During the past decade, several advanced economies have taken a new approach to the age-old problem of controlling inflation through monetary policy known as ""inflation targeting."" This pamphlet explains the requirements of putting the new policy in place, the experience of the countries that have tried it, and whether it has applicability to developing countries
Physical Description:1 Online-Ressource (iii, 17 Seiten)
ISBN:9781455266739
1455266736
ISSN:1020-5098

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