A growing number of countries are anchoring their monetary policy through explicit inflation targeting. This policy has already scored remarkable successes in several countries, establishing central bank credibility, and reining in inflation where it had long been stubbornly high. But implementing inflation targets raises many difficult questions. What prerequisites must an economy and its institu...
File Size: 1064 KB
Print Length: 94 pages
Publisher: INTERNATIONAL MONETARY FUND (August 21, 2000)
Publication Date: August 21, 2000
Sold by: Amazon Digital Services LLC
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