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Inflation Targeting in the World Economy
Edwin Truman
(Author)
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Peterson Institute for International Economic
· Paperback
Inflation Targeting in the World Economy - Truman, Edwin
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Origin: U.S.A.
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Synopsis "Inflation Targeting in the World Economy"
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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All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
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