Modalities of Moving to Inflation Targeting in Armenia and Georgia.
This paper reviews the current monetary and exchange rate policy frameworks in Armenia and Georgia, and the challenges associated with the choice of a credible nominal anchor in the context of large nominal and real shocks. The paper makes a case for a gradual transition to full-fledged inflation ta...
| Collectivité auteur: | |
|---|---|
| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2007.
|
| Collection: | IMF Working Papers; Working Paper ;
No. 2007/133 |
| Accès en ligne: | Full text available on IMF |