Inflation Targeting As a Framework for Monetary Policy.

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

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Bibliografiska uppgifter
Institutionell upphovsman: International Monetary Fund
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 1998.
Serie:Economic Issues; Economic Issues ; No. 1998/006
Länkar:Full text available on IMF
Beskrivning
Sammanfattning:Inflation distorts prices, erodes savings, discourages investment,stimulates capital flight, inhibits growth, and makes economic planning anightmare. During the past decade, several advanced economies have takena new approach to the age-old problem of controlling inflation throughmonetary policy known as "inflation targeting." This pamphlet explainsthe requirements of putting the new policy in place, the experience of the countries that have tried it, and whether it has applicability todeveloping countries.
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Fysisk beskrivning:1 online resource (25 pages)
Materialtyp:Mode of access: Internet
ISSN:1020-5098
Tillgång:Electronic access restricted to authorized BRAC University faculty, staff and students