Monetary Policies and Inflation Targeting in Emerging Economies

ISBN-10: 9264044620
ISBN-13: 9789264044623
Authors: Organisation for Economic Co-operation and Development (OECD) Staff, Luiz de Mello
List price: $56.00

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Description:

Inflation targeting (IT) is an economic policy in which a country's central bank sets a target inflation rate, then raises or lowers interest rates accordingly to achieve and maintain that level of inflation.This volume looks at the experiences of six emerging-market economies that use inflation targeting —Brazil, Chile, Czech Republic, Indonesia, South Africa, and Turkey. Although the economic circumstances under which IT was put in place vary considerably among these countries, there are some common lessons and policy challenges for all.IT appears to be a generally effective policy, although it is not easy to ascertain the extent of change in macroeconomic performance due solely to its…    
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Binding: Paperback Publisher: Organization for Economic Cooperation & Development Number of pages: 174 Dimensions: 6.00" wide x 9.00" long x 0.50" tall Weight: 0.132 lbs. Language: English