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{ "item_title" : "Inflation Targeting in the World Economy", "item_author" : [" Edwin Truman "], "item_description" : "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.", "item_img_path" : "https://covers3.booksamillion.com/covers/bam/0/88/132/345/0881323454_b.jpg", "price_data" : { "retail_price" : "25.00", "online_price" : "25.00", "our_price" : "25.00", "club_price" : "25.00", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }
Inflation Targeting in the World Economy|Edwin Truman

Inflation Targeting in the World Economy

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Overview

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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Details

  • ISBN-13: 9780881323450
  • ISBN-10: 0881323454
  • Publisher: Peterson Institute for International Economic
  • Publish Date: October 2003
  • Dimensions: 8.38 x 6.68 x 0.59 inches
  • Shipping Weight: 0.86 pounds
  • Page Count: 288

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