Inflation Targeting in the World Economy (Challenges and Opportunities) - Softcover

Truman, Edwin

 
9780881323450: Inflation Targeting in the World Economy (Challenges and Opportunities)
Softcover
ISBN 10: 0881323454 ISBN 13: 9780881323450
Verlag: Peterson Institute for International Economics, 2004

Inhaltsangabe

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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Über die Autorin bzw. den Autor

Edwin M. Truman, nonresident senior fellow since July 2013, joined the Peterson Institute for International Economics as senior fellow in 2001. Previously he served as assistant secretary of the US Treasury for International Affairs from December 1998 to January 2001 and returned as counselor to the secretary March May 2009. He directed the Division of International Finance of the Board of Governors of the Federal Reserve System from 1977 to 1998. From 1983 to 1998, he was one of three economists on the staff of the Federal Open Market Committee.

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Verlag
Peterson Institute for International Economics
Erscheinungsdatum
2004
Sprache
Englisch
ISBN 10 
0881323454
ISBN 13 
9780881323450
Einband
Taschenbuch
Anzahl der Seiten
288
Kontakt zum Hersteller
Nicht verfügbar
Verantwortliche Person
preigu
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