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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Бібліографічні деталі
Співавтор: International Monetary Fund
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1998.
Серія:Economic Issues; Economic Issues ; No. 1998/006
Онлайн доступ:Full text available on IMF
Опис
Резюме: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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Фізичний опис:1 online resource (25 pages)
Формат:Mode of access: Internet
ISSN:1020-5098
Доступ:Electronic access restricted to authorized BRAC University faculty, staff and students