Important Elements for Inflation Targeting for Emerging Economies

Important Elements for Inflation Targeting for Emerging Economies
Author :
Publisher : International Monetary Fund
Total Pages : 23
Release :
ISBN-10 : 9781455200726
ISBN-13 : 1455200727
Rating : 4/5 (26 Downloads)

Book Synopsis Important Elements for Inflation Targeting for Emerging Economies by : Ms.Inci Ötker

Download or read book Important Elements for Inflation Targeting for Emerging Economies written by Ms.Inci Ötker and published by International Monetary Fund. This book was released on 2010-05-01 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the fifth chapter of a forthcoming monograph entitled "On Implementing Full-Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What You Say." It examines whether certain conditions have to be met before emerging economies can adopt an inflation-targeting regime and provides some empirical evidence on the matter. The issues analyzed are the priority of inflation targeting over other goals, the absence of fiscal dominance, central bank independence, the degree of control over the policy interest rate, a sound methodology for forecasting, and the soundness of financial institutions and markets, and resilience to changes in exchange rates and interest rates.


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