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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Inflation Targeting in the World Economy

Inflation Targeting in the World Economy

Truman, Edwin

Paperback

Series: Challenges and Opportunities

EconomicsInvesting & Finance

ISBN10: 0881323454
ISBN13: 9780881323450
Publisher: Peterson Inst For Intl Economi
Published: Oct 27 2003
Pages: 288
Weight: 0.86
Height: 0.59 Width: 6.68 Depth: 8.38
Language: English
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.

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