Inflation Targeting in the World Economy
By:Edwin M Truman
Published on 2003-10-27 by Columbia University Press
This study reviews the literature on the contribution of low inflation to economic growth and the subsequent widespread adoption of inflation targeting as a monetary policy framework. Edwin Truman addresses the challenges and risks associated with such a framework. Building on these foundations, the study focuses on two major international economic policy issues: (1) the implications of differing national regimes of inflation targeting for international economic policy cooperation; and (2) the adoption of inflation targeting by emerging-market economies which often lack stable monetary policy environments and credible policy authorities—a situation which, among other things, can complicate the use of the inflation targeting framework as the basis for IMF-supported stabilization programs.
This Book was ranked at 40 by Google Books for keyword the world economy.
Book ID of Inflation Targeting in the World Economy's Books is h6-xDQAAQBAJ, Book which was written byEdwin M Trumanhave ETAG "Z1H7BFjllEo"
Book which was published by Columbia University Press since 2003-10-27 have ISBNs, ISBN 13 Code is 9780881324501 and ISBN 10 Code is 0881324507
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