Inflation Targeting in the Context of IMF-Supported Adjustment Programs /

This paper argues that the IMF's traditional monetary conditionality-a ceiling on net domestic assets of the central bank and a floor on its net international reserves-should be adapted in IMF-supported adjustment programs with countries which have a framework of explicit inflation targets for...

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Bibliographic Details
Main Author: Schwartz, Gerd
Other Authors: Blejer, Mario, Leone, Alfredo, Rabanal, Pau
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/031
Online Access:Full text available on IMF